Scatec, Standard Bank, and Stanlib launch Lyra Energy in South Africa 

Scatec, Standard Bank, and Stanlib have incorporated their global expertise to create a unique renewable energy platform in South Africa. Known as Lyra Energy, this private power solution focuses on providing high-quality, affordable, and predictable utility-scale renewable energy to medium and large commercial & industrial players. The Lyra aggregator model aims to fund, build, own, and operate generation assets, ensuring the transmission of energy to multiple off-takers across the national grid. Clients can anticipate increasing savings over time with Lyra’s standardized PPAs tailored to mitigate traditional risks.