Scatec ASA, together with its partners Hydro Rein (part of Norsk Hydro ASA) and Equinor ASA announced the supply and production of electricity from the Mendubim solar plant in the state of Rio Grande do Norte, Brazil. This marks a significant step in advancing sustainable energy initiatives in one of the world's largest energy-producing countries. The 531-megawatt (MW) solar plant represents Scatec's second venture in Brazil and is a collaborative effort with Norwegian partners Equinor and Hydro Rein.

The companies have secured a 20-year USD-denominated power purchase agreement (PPA) with Alunorte, a leading global supplier of alumina for the aluminium industry majority owned by Hydro ASA, covering approximately 60% of the anticipated power output. The remaining capacity will be marketed in the Brazilian power market.