Standard Bank

Company description

Their strategy is to build the leading Africa-focused financial services organization using all their competitive advantages to the full. They will focus on delivering superior sustainable shareholder value by serving the needs of their customers through first-class, on-the-ground operations in chosen countries in Africa. They will also connect other selected emerging markets to Africa and to each other, applying their sector expertise, particularly in natural resources, globally.

Standard Bank has a 150-year history in South Africa and started building a franchise in the Rest of Africa in the early 1990s. The bank currently operates in 18 countries on the African continent, including South Africa, as well as in other selected emerging markets. Standard Bank Group is listed on the JSE Limited, share code SBK, and the Namibian Stock Exchange, share code SNB.

Company details

City:
Johannesburg
Address:
5 Simmonds Street

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • February 05, 2024

    Emerging Africa Infrastructure Fund (EAIF) completed US$294 million debt raise

    Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF), has successfully raised US$294 million for additional debt facilities, achieving over half of t...

    Read more
  • April 26, 2023

    AMEA Power, Greenco sign PPA for 85 MW solar PV project in North West Province

    AMEA Power has secured a 25-year Power Purchase Agreement (PPA) with GreenCo Power Services for their 85 MW solar photovoltaic (PV) power project located in the North West Province in South Africa. G...

    Read more
  • February 08, 2023

    Seriti secures PPA for 155 MW wind farm in Mpumalanga

    Seriti Resources and its renewable energy subsidiary, Seriti Green, have secured a power purchase agreement (PPA) for its 155 MW wind farm in Mpumalanga, marking the start of the construction of...

    Read more
  • January 24, 2023

    Globeleq completes refinancing of 31 MW solar PV project in Limpopo

    Globeleq has completed a US$71 million senior debt refinancing of its 31 MW Soutpan solar photovoltaic (PV) plant in Limpopo Province, South Africa. Refinancing the project lowers wholesale energy pr...

    Read more
  • February 17, 2022

    Alten Energías Renovables closes financing for 55 MW solar PV project in western Kenya

    Alten Energías Renovables has achieved financial close for its 55 MW Kesses Solar Power Plant project located in western Kenya.  Standard Bank has arranged the transaction and also provid...

    Read more
  • December 04, 2019

    Africa50 invests US$366m in Genser Energy Ghana Ltd

    Genser Energy Ghana Limited has achieved financial close for a US$366m funding package including a new syndicated senior loan facility of US$230m, a mezzanine loan, and preference...

    Read more
  • May 31, 2019

    Globeleq closes acquisiiton of four renewable assets in South Africa

    Globeleq, a power sector leader in Africa, has completed the acquisition of Aries solar (11MW); Konkoonsies solar (11 MW); Soutpan solar (31 MW) and the Klipheuwel wind farm (27 MW). The company signe...

    Read more
  • April 10, 2018

    Scatec Solar signs US$400 million solar projects in South Africa

    Scatec Solar has announced that it has signed all project documents with its partners and shortly expects to achieve financial close for three solar PV plants to be located in Upington, Sout...

    Read more
  • September 26, 2016

    Standard Bank, OPIC And Wells Fargo Sign $300 Million Facility To Support Power And Infrastructure Projects In Africa

    Standard Bank of South Africa (SBSA), the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and Wells Fargo Bank have announced a US$300 million fa...

    Read more
  • January 18, 2016

    Azura-Edo Independent Power Project reaches financial close and enters construction

    Azura Power West Africa Limited, a 450 MW gas-fired independent power project (IPP) in Nigeria, has reached financial close and has entered in the construction phase.

    Read more