Scatec Solar and Benban Solar Park in Egypt – realizing the largest solar PV project in AfricaMorten Langsholdt, Country Manager EgyptDecember, 2017

Our values• Predictable• Driving results• Changemakers• Working together

Egypt set to host the world’s largest solar PV park

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# POWER PLANTS

32

APPROX. FDI INFLOW

>3B USD

# FOOTBALL FIELDS>5000

INSTALLED CAPACITY1650 MW

AVOIDED GHG EMISSIONS

>2M TONS/YR

Ben Ban

Cairo

Scatec Solar – the largest solar investor in Egypt

• Scatec Solar with Egypt’s largest solar portfolio –the largest contributor in Benban, Upper Egypt:

• Scatec Solar is one of the largestdevelopers and operators of solar PV plants in Africa

• Active in Egypt since 2014 – local officeacts as regional hub for MENA

• Scatec Solar & Partners in Benban: • Compliance with Equator Principles and

IFC performance standards• Unique model of sustainable collaboration

with authorities and other solar PV developers in BenBan

• Water-efficient methods of construction and operation & maintenance

• 6 projects connecting to grid 2018-2019

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SCATEC SOLAR PROJECT FACTS• Capacity: 400 MWp• Six projects co-located in Aswan area, Upper Egypt• 25 year PPA signed with EETC• Project Cost approx. USD 450 mill• Estimated production: 870 GWh/year• Debt finance from EBRD, ISDB, ICD, Green Climate Fund• Major co-sponsors: Norfund and Africa 50• Will avoid about 350,000 tons of CO2 emissions per year

Our values• Predictable• Driving results• Changemakers• Working together

Thank you