
Scatec frees up resources to launch battery storage for transmission grid
Greenstreet 1, an investment fund managed by Stanlib Infrastructure Fund II and owned by the Standard Bank Group, will acquire the Scatec 164 and Scatec 165 purpose vehicles holding solar PV independent power producer (IPP) projects. These IPPs, operating under South Africa’s Renewable Energy Independent Power Producer Programme (REIPPPP), include Project Dreunberg, Project Linde, and…