Egypt, Dec. 8 -- Scatec ASA, a leading renewable energy solutions provider, has signed shareholder agreements with Norfund, the Norwegian investment fund for developing countries and EDF power solutions, an international energy player which develops, builds and operates renewable and low-carbon energy production facilities, for an equity partnership in Scatec's 1.1GW solar and 100MW/200MWh battery storage hybrid project, Obelisk in Egypt. Following the transaction, Norfund will own 25% of the Obelisk holding company with Scatec owning the remaining 75%. EDF power solutions will own 20% of the operating company (SPV), bringing Scatec's and Norfund's total economic interest to 60% and 20% respectively with Scatec retaining economic control of...