Norway, Feb. 24 -- Scatec ASA, a leading renewable energy solutions provider, has reached financial close for the 130 MW "Barzalosa" solar plant in Colombia, and is starting construction.The project has previously signed a 15-year Power Purchase Agreement (PPA) with BTG Pactual Comercializadora de Energia (BTG), a Colombian energy trading subsidiary of Banco BTG Pactual S.A. Brazil. The PPA will cover approximately 85% of the estimated production, with the remaining production to be sold in the Colombian electricity market. The PPA will be denominated in Colombian Pesos and inflation adjusted based on Colombia's Producer Price Index.Scatec holds 65% of the equity in the project, which has been developed in partnership with Norfund who will ...