Scatec Solar Closes USD 157 Million Financing from Google and Prudential Capital Group to Build 104 MW (dc) Solar Plant in Utah

Scatec Solar ASA (“˜SSO’), the integrated independent solar power producer, has entered into financing agreements totalling USD 157 million for construction of a 104 MW(dc) Red Hills solar power plant in Utah. When complete, the Red Hills solar project will be Scatec Solar’s largest developed and constructed project in North America.