UK Climate Investments, a joint venture between Australia's Macquarie and the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS), and asset management firm ..
ET first reported on April 25 that Kotak Mahindra Capital had been appointed to find buyers for the solar portfolio. "The prospective buyers are currently conducting due diligence on the solar assets and final bids are expected soon. These are good quality assets and have generated strong investor interest," said one person aware of the development.
South Africa renewables investor secures £15m renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.
UK Climate Investments to support renewable energy development in Africa energyglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energyglobal.com Daily Mail and Mail on Sunday newspapers.
kruisvalleihydro energy
UK Climate Investments has marked the delivery of 254 MW of clean energy projects it has helped finance in South Africa following the March inauguration of Kruisvallei Hydro, a 4 MW run-of-river hydropower facility in the Free State.
Kruisvallei Hydro is the last of three renewable energy projects part-financed by the UK Government’s International Climate Finance programme, UK Climate Investments, to have entered commercial operation. The milestone at Kruisvallei Hydro follows the successful delivery of the 110 MW Perdekraal East Wind Farm in the Western Cape province and the 140 MW Kangnas Wind Farm in the Northern Cape province in October and November last year.