Row rect Shape Decorative svg added to bottom DEALS | 28 SEPTEMBER 2021 Redefining the future through green energy finance Absa | Corporate and Investment Banking > Insights and Events > Redefining the future through green energy finance SHARE Renewable energy is a vital investment for a cleaner, more sustainable future. This is why Absa Corporate and Investment Bank, as sole arranger and underwriter, has arranged and syndicated a with R5,2bn senior debt package for Globeleq towards the refinancing of three South African renewable energy assets. This transaction strongly demonstrates our ongoing commitment to the financing of clean energy and the acceleration of investments that make a sustainable impact on the communities we serve. In addition, Eskom will save more than R1bn across the three assets over the remaining Power Purchase Agreement tenures. The benefits to Globeleq include more competitive debt terms, upsized facility amounts, extended loan tenures, relaxed financial covenants and the release of cash to various stakeholders. Find out more about the deal Speak to our team – Johan Koorts https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles AWARDS Driving Client Success Through Treasury Excellence Across Africa Celebrating AB InBev Africa’s 2025 Adam Smith Award Win for Best-in-Class Treasury Solution Read more EVENTS Naamsa 2025 Discover new possibilities at the South African Auto Week, proudly sponsored by Absa and hosted by NAAMSA from 1 – 3 October 2025 in Gqeberha. As the automotive sector shapes the future, Absa stands alongside innovators and pioneers to drive growth, and shared prosperity. Read more EVENTS Sibos 2025 Artificial Intelligence is redefining global transactions with speed and intelligence. But the future of finance isn’t about faster systems alone. It’s about enabling access, building resilience and trust across payments, securities and cash management and trade - delivering clarity and confidence into every transaction. Read more
