Market leader in renewable
energy deals across Africa

Our award-winning expertise and capabilities

Are anchored on supporting the growth of key sectors of our economy and connecting clients to larger markets through our regional and global footprint.

Deals

DEALS

Powering the electricity distribution story with Just Energy Transition

In a landmark move for renewable energy in South Africa, Absa through its Corporate and Investment Banking division supported Enel Green Power South Africa – local subsidiary of the Italian multinational renewable energy corporation Enel Green Power SpA – in achieving Financial Close for its three 110MW wind projects located in the Eastern Cape.

DEALS

Accelerating renewable energy progress towards sustainability

As a leading Pan-African bank, Absa continues to prioritise financing of renewable energy projects and this transaction amplifies our role as a market leader in driving the Just Energy Transition agenda in our markets.

DEALS

Fostering sustainable growth is a story of diversified energy supply

As a leading Pan-African bank, Absa continues to prioritise the financing of renewable energy projects. Absa Corporate and Investment Banking is proud to have acted as a mandated lead arranger and the sole hedge execution bank in the Envusa Energy deal.

DEALS

Enabling the Just Energy Transition through captive power generation

As a leading Pan-African bank, Absa continues to prioritise financing of renewable energy projects, helping our clients transition to a low-carbon economy and achieve their sustainability goals. Our innovative investments in the renewable sector demonstrate our commitment to shaping Africa’s growth and sustainability, and the development of its people.

DEALS

Expertise that powers the continent

We are proud to have provided advisory services and financing for Infinity Power’s acquisition of Lekela Power, Africa’s largest renewables-focused, independent power producer.

DEALS

Enabling energy that nature creates

We are proud to have acted as a mandated lead arranger and lender for three Red Rocket Energy (Pty) Ltd (“Red Rocket”) renewable energy projects valued at approximately R12 billion.

DEALS

Expanding the continent’s access to green energy

We are proud to have acted as Mandated Lead Arranger, Hedge Bank, Agent Bank and Account Bank for EDF-R’s three wind energy projects, part of South Africa’s REIPPP Programme.

Articles

POWER, UTILITIES & INFRASTRUCTURE

Renewable Energy Solutions

An innovative new Supplier Development partnership between Solana Energy and Absa Corporate and Investment Banking (CIB) has ensured the democratisation of access to solar energy that will allow high-impact social initiatives to continue their critical work.

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

Africa’s race to the sun (and other alternatives): Who is winning?

One of the most emotive subjects in Africa currently is the energy transition from fossil fuels to cleaner energy, with the mining and resources sectors at the sharp end of the debate.

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

The Role of financial institutions in increasing the pace and scale of Africa’s Renewable Energy Transition

The urgent need to combat climate change has thrust renewable energy into the global spotlight. As governments, businesses, and individuals grapple with the challenges of reducing carbon emissions, the role of financial institutions in supporting and propelling the renewable energy transition is becoming increasingly prominent.

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

Captive power solutions; an exciting new reality awaits

Absa recently released its annual financial results and from this, there are two important numbers to highlight. The first being that Absa is working on power projects representing over 2000MWs and the second being that the bank has R45bn in new power projects in the pipeline.

POWER, UTILITIES & INFRASTRUCTURE INSIGHTS

African energy and minerals re-imagined

With the African minerals and energy sector flourishing with possibility, one can’t help but draw parallels with the late 1880’s when the first gold was discovered on the Witwatersrand – in Johannesburg, South Africa – that kick-started the “Gold Rush”.

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