Back to homepage

Energy Finance & Investment News in South Africa

IPPToday #50: Eskom to sign South African PPAs by the end of October

IPPToday #50: Eskom to sign South African PPAs by the end of October

🕔Sep 4, 2017

The Government of South Africa has announced that Eskom must sign the independent power producer (IPP) power purchase agreements (PPAs) by the end of October

Read Full Article
Enel Green Power signs €160 million loan for wind farm in South Africa

Enel Green Power signs €160 million loan for wind farm in South Africa

🕔Apr 4, 2017

Enel Green Power SpA, acting through its wholly-owned subsidiary Enel Green Power RSA (Pty) Ltd, has signed a loan agreement for a total of 2,100 million South African rand (equal to about €160 million) with KfW IPEX-Bank to finance the Gibson Bay wind farm.

Read Full Article
Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II

Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II

🕔Feb 1, 2017

Inspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.

Read Full Article
Gaia Infrastructure acquires stake in 98 MW wind park in South Africa

Gaia Infrastructure acquires stake in 98 MW wind park in South Africa

🕔Jan 31, 2017

Gaia Infrastructure Capital Limited has announced that the company’s listing has transferred from a SPAC (Special Purpose Acquisition Company) to the Investment Services sector of the JSE Limited.

Read Full Article
Preferred bidders in place for South African coal power IPPs

Preferred bidders in place for South African coal power IPPs

🕔Oct 17, 2016

South African Government has announced  the selection of preferred bidders for the 557.3 MW Thabametsi and the 306 MW Khanyisacoal-fired power station projects following the first bid of South Africa’s Coal Baseload Independent Power Producer Procurement Programme (CBIPPPP).

Read Full Article
South Africa releases PIM for LNG to IPP Procurement Programme

South Africa releases PIM for LNG to IPP Procurement Programme

🕔Oct 17, 2016

South Africa has released a Preliminary Information Memorandum (PIM) regarding the Liquefied Natural Gas (LNG) to Power Independent Power Producer (IPP) Procurement Programme.

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

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

🕔Sep 26, 2016

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 facility to fund power and infrastructure projects in Africa.

Read Full Article
Aveng announces disposal of 4 infrastructure projects

Aveng announces disposal of 4 infrastructure projects

🕔Aug 30, 2016

Aveng Limited, a multi- disciplinary construction and engineering group, anchored in South Africa​, has reached an agreement for the disposal of four of its major infrastructure investments.

Read Full Article
Eskom postpones a 20-year PPA with Redstone Solar Thermal Power until further notice

Eskom postpones a 20-year PPA with Redstone Solar Thermal Power until further notice

🕔Aug 5, 2016

A 20-year power purchase agreement (PPA) that Eskom was supposed to have signed with Redstone Solar Thermal Power Project (South Africa) has been postponed until further notice.

Read Full Article
Noupoort wind plant project to reach Commercial Operations Date

Noupoort wind plant project to reach Commercial Operations Date

🕔Jul 20, 2016

Mainstream Renewable Power has announced that its South African 80 MW Noupoort Wind plant has achieved its Commercial Operations Date (COD) on schedule and on budget, making it the first wind plant to successfully achieve operation.

Read Full Article
Engie secures financing for Kathu CSP plant in SA

Engie secures financing for Kathu CSP plant in SA

🕔Jun 6, 2016

French energy group Engie has achieved financial closure for the 100-MW Kathu concentrating solar power (CSP) project in South Africa. The company has lined up ZAR 9.2 billion (US$ 610 million) in financing.

Read Full Article
The Emerging Africa Infrastructure Fund appoints Investec Asset Management as fund manager

The Emerging Africa Infrastructure Fund appoints Investec Asset Management as fund manager

🕔May 11, 2016

Following a competitive tender process that brought interest from over 30 companies, from across Europe, Africa and North America, the Emerging Africa Infrastructure Fund Limited (EAIF) has appointed Investec Asset Management (IAM) as its US$670 million fund manager.

Read Full Article
Chadbourne expands energy and infrastructure team in Johannesburg

Chadbourne expands energy and infrastructure team in Johannesburg

🕔Mar 31, 2016

Chadbourne & Parke LLP has announced that energy and infrastructure lawyer Deon Govender has joined its Johannesburg office as an international partner. 

Read Full Article
BRICS new bank to finance solar projects

BRICS new bank to finance solar projects

🕔Mar 8, 2016

The New Development Bank established by the BRICS states, Brazil, Russia, India, China and South Africa, plans to lend about US$2 billion to finance energy solar projects in India.

Read Full Article
IFC issues first green bond in South Africa

IFC issues first green bond in South Africa

🕔Nov 27, 2015

The International Finance Corporation (IFC), a member of the World Bank Group, has issued a green bond denominated in South African rand.

Read Full Article
ENGIE inaugurates West Coast One wind farm

ENGIE inaugurates West Coast One wind farm

🕔Nov 27, 2015

ENGIE, through its subsidiary Aurora Wind Power, has inaugurated the 94 MW West Coast One wind farm in South Africa’s Western Cape Province.

Read Full Article
OPIC signs US$400 million for South African CSP project

OPIC signs US$400 million for South African CSP project

🕔Oct 26, 2015

OPIC has signed $400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project in Northern Cape, South Africa.

Read Full Article
IPP office postpones latest REIPPP round in South Africa

IPP office postpones latest REIPPP round in South Africa

🕔Sep 30, 2015

South Africa’s Independent Power Producer (IPP) Office has announced that the bid deadline for the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has been delayed.

Read Full Article
EDF Energies Nouvelles commissions Chaba wind farm in South Africa

EDF Energies Nouvelles commissions Chaba wind farm in South Africa

🕔Sep 14, 2015

EDF Energies Nouvelles is announcing the commissioning of the Chaba wind farm in South Africa by InnoWind, its local subsidiary. To date, the group has installed two wind farms with a combined total capacity of 83 MW in the country.

Read Full Article
IFC to finance CSP project in South Africa

IFC to finance CSP project in South Africa

🕔Aug 28, 2015

The Investment Finance Corporation, a member of the World Bank, is mulling financing the 100 megawatt (MW) Redstone Solar Thermal Power project located in South Africa.

Read Full Article