Global Infrastructure SherpaScatec appointed as EPC for 255 MW Thakadu PV power plant in South Africa
Scatec has been appointed to deliver engineering, procurement, and construction services for the 255 MW Thakadu PV power plant in South Africa.
Counterparts (2)
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- Scatec appointed EPC for 255 MW Thakadu PV plant.
- Lyra Energy is the developer for the South Africa solar project.
- Deal announced 2026-03-07; value not disclosed.
Source Intelligence
The EPC scope corresponds to about 80% of total project capital expenditure. Quote: "the EPC scope corresponding to about 80% of total project capital expenditure." Lyra Energy is a renewable platform jointly owned by Scatec, Standard Bank and Stanlib. Quote: "Lyra Energy, a renewable platform jointly owned by Scatec, Standard Bank and Stanlib" Financing has been structured through non-recourse project debt and equity contributions. Quote: "Financing has been structured through non-recourse project debt and equity contributions" Standard Bank of South Africa is acting as senior lender. Quote: "Standard Bank of South Africa acting as senior lender."
"Scatec will provide EPC, asset management and operations & maintenance services for the Thakadu PV plant."
"Scatec will provide EPC, asset management and operations & maintenance services for the Thakadu PV plant."
"Scatec will provide EPC, asset management and operations & maintenance services for the Thakadu PV plant."
"Lyra Energy reaches financial close for Thakadu PV plant"
"Standard Bank of South Africa acting as senior lender."
"Lyra Energy, a renewable platform jointly owned by Scatec, Standard Bank and Stanlib"
"Lyra Energy, a renewable platform jointly owned by Scatec, Standard Bank and Stanlib"
Timeline
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