Row rect Shape Decorative svg added to bottom DEALS Enabling sustainable Pan-African growth ambitions Absa | Corporate and Investment Banking > Insights and Events > Enabling sustainable Pan-African growth ambitions SHARE Absa acted as Mandated Lead Arranger, Lender and Facility Agent in financing EnviroServ’s acquisition of the remaining 50% portion of Vissershok Waste Management. In 2022, we supported a consortium comprising of SUEZ, Royal Bafokeng Holdings and African Infrastructure Investment Managers (AIIM) as joint Mandated Lead Arranger for the financing of the acquisition of EnviroServ. EnviroServ is a dominant pan-African waste treatment service provider. In October 2023, further to the above transaction, as Mandated Lead Arranger, Lender, and Facility Agent we supported EnviroServ to acquire the remaining 50% in Vissershok. EnviroServ will now have 100% interest in their most significant asset. In our journey to turn Africa green, we lead with deep sector expertise to create access and ensure our clients realise their ambitions. Contact Chetan Jeeva for more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Strengthening sustainable mining success Absa Corporate and Investment Banking has supported Tharisa Minerals (Pty) Ltd in advancing its next phase of growth through a multi-currency Platinum Group Metals (PGM) offtake-based Prepayment Facility. Read more DEALS At the forefront of scaling energy progress Absa Corporate and Investment Banking acted as Joint Mandated Lead Arranger, Senior Lender and Hedge Provider on the R3.4 billion financing of Mulilo Energy Holdings’ 219MW Orkney solar PV project. Read more DEALS Harnessing Partnerships to Power Energy at Scale Absa Corporate and Investment Banking acted as Joint Mandated Lead Arranger, Senior Lender and Hedge Provider on the ZAR 8.4 billion financing of SOLA Group’s 300 MW Naos solar PV project, incorporating 660 MWh of battery storage. Read more
