DEALS | 11 MAY 2021

Partnering to Power Africa

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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.

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