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GLOBELEQ COMPLETES $37 MILLION RESTRUCTURING OF ARIES AND KONKOOSIES SOLAR PLANTS IN SOUTH AFRICA

/PRNewswire/ Globeleq, the leading independent power company in Africa, announces that it has completed a US$37 million (ZAR682 million) senior debt.

United kingdomCity ofFree stateSouth africaJeffreys bayEastern capeNorthern capeSouth africanSherrill byrneMike scholeyPrnewswire globeleqStandard bank groupDepartment of mineral resourcesNamibian stock exchangeJohannesburg stock exchangeOffice refinancing protocol

Globeleq completes debt restructuring for Aries, Konkoonsies solar plants

Globeleq completes debt restructuring for Aries, Konkoonsies solar plants
engineeringnews.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from engineeringnews.co.za Daily Mail and Mail on Sunday newspapers.

Free stateSouth africaNorthern capeJeffreys bayEastern capeSouth africanSherrill byrneMike scholeyStandard bankOffice refinancing protocolDepartment of mineral resourcesJeffreys bay wind farmMineral resources

Globeleq Concludes $37 mn Debt Restructuring for South African Solar Plants

Globeleq Concludes $37 mn Debt Restructuring for South African Solar Plants
greentechlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greentechlead.com Daily Mail and Mail on Sunday newspapers.

Jeffreys bayEastern capeSouth africaFree stateNorthern capeSouth africanMike scholeySherrill byrneInfrastructure finance of standard bankStandard bankAries solarKonkoonsies solarJeffreys bay wind farmBlack economic empowermentKonkoonsies solar projectsExecutive energy

Bulk of South Africa s emergency power projects still seeking funds to build

Of the 11 power projects selected to deliver nearly 2GW of new capacity by mid 2023 during a fast-tracked 2020 emergency auction, eight, representing more than 90% of the anticipated capacity, have yet to even secure investment.

South africaSherrill byrneCalib cassimAfrica muliloMohamed hoosenZaid moolaCyril ramaphosaStandard bankMw oya energySaudi arabiaAcwa powerPresident cyril ramaphosaMiddle eastTristan de drouasDepartment of mineral resources and energySolar eskom renewable energy

Bulk of South Africa s emergency power projects still seeking funds to build

South Africa s hopes for a raft of new power projects to help it out of a crippling energy crisis are fading, with investment still elusive as an already extended funding deadline looms, government.

South africaCalib cassimAfrica muliloJoe bavierMohamed hoosenCyril ramaphosaSherrill byrneZaid moolaJan harveyDepartment of mineral resourcesMw oya energyStandard bankSaudi arabiaAcwa powerPresident cyril ramaphosaMineral resources