Scatec-Aeolus Tataouine 2 Solar

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

Provision of a senior debt financing to fund the construction and operation of a 100 MWAC solar photovoltaic plant and its associated transmission infrastructure, located in the governorate of Tataouine in Tunisia (the "Project").

Project ID 57350

Status In Exploratory, Pending Final Review

Location

Tunisia

Industry Sector

Energy

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Company Contact Information

Vegard Skonseng Bjerketvedt
vegard.skonseng.bjerketvedt@scatec.com
+4741686470
http://www.scatec.com
Askekroken 11, 0277 Oslo, Norway

Project ID 57350

Status In Exploratory, Pending Final Review

Location

Tunisia

Industry Sector

Energy

Notice Type

Private

Approval Date

16 Dec 2026

Disclosure date

11 Nov 2026

Project Description

Project Objectives

The Project will support private sector participation in the Tunisian power sector and increase the share of renewable energy in the energy mix, in line with the nationally declared targets, bringing a strong demonstration effect for the energy transition in a fossil fuel-dominated economy. The Project will also promote skills development and employability for youth and women in Tataouine Governorate through a new, nationally accredited technical programme on photovoltaic systems, delivered in partnership with local technical institutes. It will also strengthen gender-responsive HR policies and practices of the Client and support an outreach campaign to attract young women to technical and STEM roles in a traditionally male-dominated energy sector.

Transition Impact

ETI score: 68

The Project will contribute to the "Green" transition quality by adding 100 MWAC of green generation capacity to the Tunisian power system, currently dominated by gas-fired power plants, to support the country's low-carbon transition by reducing its reliance on thermal power generation. That will result in significant CO2 emission savings estimated at c. 120k tonnes per year.

The Project is expected to support the "Inclusive" transition quality by promoting human capital and skills development in Tataouine Governorate. The Client will partner with local technical institutes to introduce a new, nationally accredited technical training programme on photovoltaic systems. The programme will be informed by the RE Regional Skills Development Strategy and will strengthen employability pathways for youth and women. The Project will also support outreach activities to attract women to technical and STEM roles in the energy sector.

Client Information

TATAOUINE PV POWER

Tataouine PV Power is a special purpose vehicle to be incorporated in Tunisia for the sole purpose of owning and operating the Project. It is co-owned by Scatec (50%) and Aeolus SAS (50%), part of the Japanese conglomerate Toyota Tsusho Group.

EBRD Finance Summary

EUR 33,700,000.00

EBRD is also seeking to mobilise a grant of up to EUR 3.25 million from the EU Neighbourhood Investment Platform (EU NIP) to cover part of the cost of the transmission infrastructure.

Total Project Cost

EUR 92,100,000.00

Additionality

Financing structure: The Bank financing is needed to ensure the financial viability of the Project, as local banks lack long-term financing and project finance expertise.

Gender SMART Tag: The Project will integrate gender considerations throughout project design and implementation. It will support a new outreach campaign and career guidance events per year to attract young women towards available job opportunities and STEM roles in the sector. These interventions will help promote women's representation in technical and operational roles in a traditionally male-dominated energy sector in Tunisia.

Policy, sector, Institutional or regulatory change: The Bank's additionality is underpinned by extensive policy dialogue in developing the renewable energy regulatory framework in Tunisia and supporting the restructuring of the energy sector over the past nine years. The Client will benefit from EBRD's support in view of the Bank's active policy engagement in Tunisia as well as the Bank's experience and track record in the renewables sector across the COOs.

Environmental and Social Summary

Category B (ESP 2024). Environmental and social risks associated with the construction and operation of a 100 MWac solar PV plant and associated 2 km, 225 kV transmission line are site-specific and can be readily assessed and managed through implementation of an Environmental and Social Action Plan (ESAP). Environmental and Social Due Diligence has been carried out by an external party and consisted of a review of the E&S assessment developed for the Project, review of Client's Health and Safety, Social and Environmental Management System and site visits. The ESDD is still ongoing, and the PSD will be updated when completed.

Scatec (the "Client") is well known to the Bank and has the capacity to align projects with the EBRD ESRs. The Client has ISO-certified Environmental and Health & Safety ("H&S") Management Systems, along with relevant policies and procedures in place at a corporate level. A comprehensive Health and Safety, Social and Environmental (HSSE) management system will be developed for the Project, including the development of specific management plans by the contractor, appropriately communicated to sub-contractors, and hiring of appropriate resources on both the client and contractor sides.

The Project is expected to employ approximately 500-600 workers during peak construction and 10-15 workers during operations. The Client has established labour policies and procedures that will be supplemented by project-specific labour management measures, including a worker grievance mechanism, code of conduct, local recruitment plan, and dedicated management of gender-based violence and harassment risks. If accommodation for non-local workers is required the worker accommodation facilities will be required to comply with EBRD/IFC guidance (2009). Occupational and community health and safety risks, including work at height, electrical safety, road transport, extreme heat, sandstorms, and exposure to snakes and scorpions, will be managed through dedicated plans and contractor controls.

Scatec has established a Supply Chain Management System ("SCMS") with a supplier code of conduct and policies that prohibit forced labour and provides for processes to identify, manage, and monitor supplier risks. All suppliers undergo integrity due diligence, which includes human rights considerations. In addition to suppliers' corporate policy reviews, the Project-specific supply chain assessment included screening of potential risks related to solar PV suppliers and their lower tiers down to Metallurgical-grade silicon ("MGS") level. The screening of their detailed supply chain map in the form of a Bill of Materials by the Bank confirmed no evidence of forced labour risks in the supply chain. Scatec will ensure procurement and contract documentation includes the requirements for managing the risks of forced and child labour and implement a process for managing proposed changes in the supply chain post contract award.

ESDD identified limited operational emissions, low wastewater generation and minor use of hazardous materials. Construction impacts will primarily relate to dust, noise, waste generation and temporary disturbance of soils. Waterless panel-cleaning technology will be used during operations to minimise water consumption in this water-scarce region. Waste, hazardous materials and wastewater will be managed in accordance with national requirements and international good practice.

The PV plant will be constructed on approximately 200 ha of privately owned land leased from landowners under willing lessor-willing lessee arrangements and will not result in physical displacement. Existing public access tracks crossing the site will remain accessible. The transmission line will cross seven privately owned plots and require permanent acquisition of small areas for six pylons, together with temporary restrictions on land access during construction. A Land Acquisition and Compensation Plan (LACP) will be prepared to ensure compensation at full replacement cost and compliance with EBRD ESR5.

The Project is located within a degraded desert-steppe habitat of low ecological sensitivity and no Critical Habitat has been identified. Biodiversity surveys recorded no internationally or nationally protected flora and confirmed that the site does not lie on a significant bird migration corridor. Several Priority Biodiversity Features (PBFs) were identified. A limited number of nesting locations of non-key species were recorded within the Project area during the avifauna survey programme, indicating low-density breeding use of the site. Mitigation measures will be further defined and implemented in accordance with the ESAR and ESAP and monitored throughout the implementation of the Project.

Archaeological surveys identified no significant cultural heritage resources within the Project footprint. A chance finds procedure will be implemented during construction. A Stakeholder Engagement Plan (SEP), including a project grievance mechanism, has been prepared. Consultations undertaken with authorities and communities in Remada, Kenbout and Bir Amir demonstrated broad support for the Project, with expectations focused on employment opportunities, training and community benefits.

An Environmental and Social Action Plan (ESAP) is being developed for the Project and will be agreed prior to Board. A Non-Technical Summary (NTS) and SEP, including contact details for the grievance mechanism, will be disclosed in accordance with EBRD requirements. The Bank will monitor implementation of the Project through regular E&S reporting, lender monitoring, and periodic monitoring visits, as required.

Green assessments

Paris Agreement alignment
The Project is aligned with the mitigation goals of the Paris Agreement as it features on the joint-MDB aligned list under the category Energy ('Generation of renewable energy (e.g., from wind, solar, wave power, etc.) with negligible lifecycle GHG emissions' and 'Electricity transmission and distribution, including energy access, energy storage, and demand-side management').

The Project is aligned with the adaptation goals of the Paris Agreement as materially relevant physical climate risks were identified and addressed in the ESAP. The Project does not contravene national policies for adaptation or the climate resilience of the wider system.

Green finance attribution
100% of the EBRD financing is classified as green finance, as it supports activities to achieve climate mitigation objectives. The attribution is made in line with the methodology to determine the green finance attribution of EBRD investments. The Project's expected green outcomes are emissions reductions of c. 120ktCO2 per year.

Technical Cooperation and Grant Financing

Technical support of up to EUR 75,000 is expected to be provided under the Gender and Economic Inclusion (G&EI) TC Framework (TCRS 12804) to support Scatec in the development of a new nationally accredited technical training programme. Such TC is expected to be funded by Shareholder Special Fund.

Grant of up to EUR 3.25m from the EU NIP to cover part of the cost related to transmission lines and substation.

Company Contact Information

Vegard Skonseng Bjerketvedt
vegard.skonseng.bjerketvedt@scatec.com
+4741686470
http://www.scatec.com
Askekroken 11, 0277 Oslo, Norway

PSD Last Updated

11 Nov 2026

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

Our story

How we deliver systemic impact

What we offer for businesses

Search

Scatec-Aeolus Tataouine 2 Solar

Overview

Project timeline

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Green assessments

Technical Cooperation and Grant Financing

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)