Scatec advances 1-GW Egypt hybrid with central bank as 20% partner
Published . Updated .
Norwegian renewables company Scatec ASA (OSL:SCATC) said it is starting construction works on the Dandara solar plus storage project in Egypt after securing USD 217 million (EUR 243.3m) in non-recourse project financing for the first phase of the initiative and attracting the
Directly affected
- No company is named in this report.
Indirectly affected
- TAN Invesco Solar ETF-6.4% 30d
Invesco Solar ETF: it holds solar and clean-energy companies. Linked by “solar” (clean energy) in this story.
- ICLN iShares Global Clean Energy ETF-7.3% 30d
iShares Global Clean Energy ETF: it holds solar and clean-energy companies. Linked by “solar” (clean energy) in this story.
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”).
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“norwegian”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.1% 11d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa.
- EEM iShares MSCI Emerging Markets ETF-0.3% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TANNo price data for this ticker | — | — | — | — | — | — | — |
| ICLNNo price data for this ticker | — | — | — | — | — | — | — |
| AFKNo price data for this ticker | — | — | — | — | — | — | — |
| VGKNo price data for this ticker | — | — | — | — | — | — | — |
| CEWNo price data for this ticker | — | — | — | — | — | — | — |
| EMBNo price data for this ticker | — | — | — | — | — | — | — |
| EMLCNo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Scatec advances 1-GW Egypt hybrid with central bank as 20% partner Renewables Now
Source: Renewables Now
This story
12 out of 100
“Scatec advances 1-GW Egypt hybrid with central bank as 20% partner” scores 12 out of 100. The score uses 1 sources.