DEALS | 11 MAY 2021

Partnering to Power Africa

SHARE
Facebook
Twitter

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.

Related Articles

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.

Financial Sector Insights

Technology transforming finance: The state of play in Africa

Africa is emerging as a hotspot for innovation in financial ecosystems.

Financial Sector Insights

New entrants are disrupting the financial institutions group sector

Challenger entrants are changing the face of the FIG sector, impacting this year’s significant trends.