Norway based Scatec ASA has been awarded 25-year power purchase agreement by Société Tunisienne de l’Electricité et du Gaz for a 120 MW solar project in Tataouine, Tunisia. The agreement has been awarded through a government tender. The project has an estimated capital expenditure of EUR 80 million. It will be financed through a mix of non-recourse debt and equity. Scatec currently owns 100% of the project. The company plans to invite equity partners. Scatec is in dialogue with selected financial institutions for debt financing. The financing structure will be communicated at financial close, expected in the first half of 2027. Scatec will act as the engineering, procurement and construction provider. The EPC scope accounts for around 80% of capex. Scatec will also provide asset management and operations and maintenance services once the plant is operational.This development followed Scatec signing a 25-year PPA for a 1.95 GW solar and 3.9 GWh BESS project in Egypt, expanding its contracted renewable portfolio across North Africa.