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 INSIGHTS SERIES NBFI Insights 2023 Our foresight assists your business' sustainable growth potential. We understand that expert insights create great impact when actioned with collaboration, one sector at a time. Read more FINANCIAL INSTITUTIONS GROUP Fintech We are committed to identifying and supporting fintech-related advisory opportunities. From facilitating mergers and acquisitions to capital raising in both public and private markets, our role extends beyond traditional banking boundaries. Read more INSIGHTS SERIES NBFI Insights As one of the largest funders of agricultural projects in sub-Saharan Africa, we are fortunate enough to have access to some of the most sophisticated farmers and agri-processing professionals on the continent. Couple this with the fact that we are one of the largest card issuers in South Africa and have access to data-rich consumer insights; we are uniquely positioned to track the journey of agriculture projects from farm to fork. Read more
