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S2G Backs Solar Developer 38 Degrees

Renewables platform 38 Degrees North received a growth equity investment from S2G Ventures, 38 Degrees managing director Chris Bailey says.

Global Photovoltaic News Briefing:20240122-20240128 | Shanghai Non ferrous Metals

1. Saudi power producer and desalination company ACWA Power Co will complete construction of the 200MW Kom Ombo solar project in Egypt in April. The total construction cost of the solar power plant is approximately US$182 million (€167.1 million), and financial close will be completed in August 2023. Once up and running, Kom Ombo will power 130,000 homes and offset 280,000 tonnes of CO2 per year.

38 Degrees North Announces Growth Equity Investment from S2G Ventures and 62 MWs of Community Solar Project Acquisitions

38 Degrees North Announces Growth Equity Investment

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

38 Degrees North Announces S2G Growth Equity, Acquires Community Solar