POWER, UTILITIES & INFRASTRUCTURE INSIGHTS | 23 AUGUST 2019 How South Africans could REIPPP the benefits of renewable energy Absa | Corporate and Investment Banking > Insights and Events > How South Africans could REIPPP the benefits of renewable energy Bhavtik Vallabhjee Senior International Banker & Head: Power, Utilities and Infrastructure SHARE Absa’s Colin King and Bhavtik Vallabhjee how investors are focusing on renewable energy. In this instalment of the 2019 Absa Insights Series, Bhavtik Vallabhjee, Senior International Banker & Head: Power, Utilities and Infrastructure, Absa CIB and Colin King, Principal: Resource and Project Finance, Absa CIB discuss the Renewable Energy Independent Power Producer Procurement (REIPPP) Programme. Video highlights: Prior to 2010, there were 27 Independent Power Projects (IPP) in Sub-Saharan Africa. Today there are 102 in South Africa alone thanks to the REIPP project. The future of global energy is ‘green’. The price of gas versus coal speaks to this. It’s therefore an opportunistic time to leverage the energy market. Investors are focusing on renewable energy solutions amidst increasing challenges around the coal industry. Bhavtik Vallabhjee Senior International Banker & Head: Power, Utilities and Infrastructure https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Energy sector moves up a gear While South Africans are understandably frustrated by the operational issues at Eskom and the impact it is having on business and quality of life, it is important to stop and appreciate that real progress is being made. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Power sector policy changes will unlock significant value Seventy-five billion Rands - This is the estimated value of construction sector related economic activity that could potentially be unlocked over the next few years. Read more DEALS Redefining the future through green energy finance Green, clean, energy is the way to go. Our R5,2bn deal with Globeleq demonstrates our commitment to the financing of clean energy and the acceleration of investments that make a sustainable impact on the communities we serve. The bravery to imagine. That’s Africanacity Read more
