Renewable energy project Redstone CSP achieves first debt draw down it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
Source: African Development Bank Group South African Redstone concentrated solar power (CSP) project has achieved its first debt drawdown on the largest renewable energy investment in South Africa to date. The African Development Bank acted as the Mandated Lead Arranger (MLA) and Coordinating Bank for the ZAR 11.6 bn total investment, with a commitment of ZAR 2.306 billion to
As the results of bid window five of South Africa’s renewable energy IPP procurement (REIPPP) programme are digested, what is becoming abundantly clear is that renewable energy is the future for this country’s power sector.