Sheet1
Scatec factsheets updated Q4 2022
In operation
Country(1) Assets Technology Economic Interest Plant capacity (MW) Annual production P50 (GWh)(2) Currency COD Weighted average remaining PPA tenor(4) Tariff inflation adj. (p.a.) Tax rate Financial consolidation
Philippines SNAP Magat & Benguet Hydro 50% 642 1600(3) PHP 2007 n.a.(5) 800 n.a. 10% Equity cons.
South Africa Kalkbult, Linde, Dreunberg, Upington Solar 45% 448 1,030 ZAR 2014/2020 16 464 1.77 18.5% & 100% of SA CPI (6) 27% Full
Uganda Bujagali Hydro 28% 255 1,420 USD 2012 20 397.6 1.93 No 0% Equity cons.
Malaysia Redsol, Malaysia QSP portfolio (3 plants) Solar 100% 244 350 MYR 2019/2020 18 350 1.51 No 8% Full
Egypt BenBan Solar 51% 380 930 USD/EGP(7) 2019 22 474.3 2.53 No 23% Full
Laos Theun Hinboun Hydro 20% 525 3,000 USD 2012 10 600 1.45 No 15% Equity cons.
Ukraine Chigirin, Kaminaka, Rengy, Boguslav, Progressovka Solar 89% 336 400 EUR 2019/2020/2021 9 356 0.73 No 18% Full
Czech Republic Czech portfolio Solar 100% 20 20 CZK 2010 8 20 0.04 2.00% 19% Full
Honduras Agua Fria, Los Prados Solar 51% 95 170 USD 2015/2018 14 87 0.30 100% of US CPI Year 0-10: 0% / Year 10+: 25% Full
Jordan Jordan portfolio Solar 62% 43 100 USD 2016 14 62 0.21 No 10% Full
Brazil Apodi Solar 44% 162 350 BRL 2018 16 154 0.60 100% of BR CPI 12% Equity cons.
Vietnam Dam Nai wind Wind 100% 39 120 USD 2018 16 120 0.47 No FY'22 - FY'32 10%, thereafter 20% Full
Argentina Guañizuil Solar 50% 117 310 USD 2021 19 155 0.71 No 35% Equity cons.
Other Mocuba (Mozambique), ASYV (Rwanda), Release Solar 68% 69 130 USD 2014/2019/2022 20(8) 88 ERROR:#VALUE! 2.5% (Rwanda) 20%/15%/30% Full
4,127 ERROR:#VALUE!
Under construction & Backlog
Country Assets Technology Economic Interest Plant capacity (MW) Annual production (GWh)(2) Currency Est. capex (100 %, million)(9) Est. first year revenue (million)(10) PPA tenor Tariff inflation adj. (p.a) Tax rate Est. initial leverage
Under construction
South Africa RMIPPP Solar + Storage 51% 540 + 225 900 ZAR 16,400 2,067 20 100% of SA CPI 27% 76%
Brazil Mendubim Solar 33% 531 1,180 USD 430 n.a.(11) 20 100% of US CPI 10% 56%
Pakistan Sukkur Solar 75% 150 300 USD 110 14 25 None 0% 70%
Release Portfolio Release 100% 26 n.a. USD n.a. n.a. n.a. n.a. 30% n.a
Philippines Magat BESS Storage 50% 20 n.a. USD n.a. n.a. n.a. n.a. 25% n.a
Backlog
Tunisia Tunisia Solar 51% 360 900 EUR 240 20 20 100% of EU CPI Year 0-10: 0% / Year 11+: 10% 70%
South Africa REIPPPP Round 5 Solar 51% 273 700 ZAR 3,300 368 20 100% of SA CPI 27% 80%
Egypt 100 MW green hydrogen H2 + solar & wind 52% 100 + 260(12) n.a. USD n.a. n.a. 20 n.a. 23% 75%(12)
Botswana Selebi Phikwe Solar Solar 100% 60 140 BWP 640 n.a. 25 60 % of Botswana CPI & 20% fixed to USD 22% 70%
Footnotes
1) Scatec's equity investment in South Africa (Kalkbult, Dreunberg, Linde & Upington), Egypt and Uganda are covered by MIGA Political Risk Insurance.
2) Estimated P50 production for 2022 on a 100% basis.
3) P50 estimate is calculated on total potential production and do not take into account any water used for ancillary services.
4) Estimated economic life for solar and wind power plants of 30 years, Philippines: renewal of license required in 2066, Uganda: hydro power facilities transferred to Government in 2042, Laos: hydropower facilities transferred to Government in 2039.
5) Philippines: Power sold under 1-2 year bilateral contracts, in the spot market and as ancillary services.
6) 18.5% CPI adjustment for Linde & Dreunberg, 100% for Kalkbult & Upington.
7) 70% of the tariff is pegged to USD and the remaning 30 % is in EGP.
8) Weighted average remaining PPA tenor for Mocuba and ASYV. Release projects have flexible lease contracts and are excluded from the weighted average.
9) Capex estimates in local currency which may be revised towards financial close. Note that actual capex can be a combination of EUR/USD and local currency.
10) Estimated first year revenue after COD in local currencies on a 100% basis.
11) 60% of power sold under a long term corporate PPA denominated in BRL and pegged to USD. Remaining volumes to be sold under 1-5 year contracts.
12) 100 MW electrolyser capacity + 260 MW solar and wind. The project will have a blended external financing of 75% on a non-rcourse basis.

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Scatec ASA published this content on 03 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2023 08:17:08 UTC.