DEALS | 11 MAY 2021 Partnering to Power Africa Absa | Corporate and Investment Banking > Insights and Events > Partnering to Power Africa SHARE Making business visions a reality with a R11,6 billion renewable energy project Absa was appointed as a mandated lead arranger, senior lender and hedge provider for the Redstone Concentrated Solar Power project in the Northern Cape. The project will result in 100MW of clean power being produced for 200 000 homes and create employment for 2,000 members of the community at the peak of construction. Incorporating the bravery to imagine and the will to get things done, now that’s Africanacity. Contact Theuns Ehlers, Head of Resource and Project Finance to find out more https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles AWARDS Absa CIB Recognised Among Africa’s Top Financial Innovators for 2025 We are proud to announce that the Absa Corporate and Investment Banking (CIB) Trade and Working Capital team has been recognised by Global Finance as one of Africa’s Top Financial Innovators for 2025. Read more COMMERCIAL PROPERTY INSIGHTS Residential Property Report: Quantitative Analysis of an Emerging Asset Class At Absa, we recognise that collaboration is key to driving progress. Our successful partnership with the South African Multifamily Residential Rental Association (SAMRRA) and Divercity Urban Property Group is at the forefront of a groundbreaking research project focused on South Africa's multifamily residential property asset class. Read more FINANCIAL INSTITUTIONS GROUP Fintech With our extensive expertise and deep footprint across Africa, we are uniquely positioned to support the dynamic needs of our clients in the ever- evolving fintech sector. Read more
