Norwegian renewable power producer Scatec ASA (<a href="https://live.euronext.com/en/product/equities/no0010715139-xosl" target="_blank">OSL:SCATC</a>) on Friday confirmed that it has reached financial close for a ZAR-3-billion (USD 169m/EUR 156m) battery energy storage system (BESS) project in South Africa and is getting ready to kick off construction works.