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Norway's Scatec Sells Off African Hydro Portfolio

TotalEnergies has agreed to buy SN Power.


By Liz Bains
Norway’s Scatec has agreed to sell its African hydropower subsidiary SN Power to France’s TotalEnergies as it looks to focus on its core business of solar, wind and battery energy storage projects.In so doing, it is divesting from its African hydropower joint venture with Norfund and British International Investment (BII).

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