South Africa: Financial close for Enel’s 700MW wind projects

Issue 375 - 31 Aug 2018 | 1 minute read
Enel Green Power RSA, the South African subsidiary of Italian utility Enel Group, on 1 August announced financial close at five wind power plants, which are expected to cost €1.2bn ($1.4bn) to build. Senior loans worth €950m are being provided by South African banks Nedbank and Absa and Enel is contributing €230m in equity. The plants – Nxuba and Oyster Bay in the Eastern Cape, Garob, Karusa, and Soetwater in the Northern Cape – will each have a capacity of around 140MW, generating 2.6TWh/yr.

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Transmission and interconnections – towards a Continental System Master Plan

Africa Investment Exchange (AIX) power transmission event

6 December 2022, online

This online roundtable will evaluate progress towards a Continental System Master Plan for transmission infrastructure and cross-border interconnections and consider the impact which this plan will have on African electricity supply industries.

The roundtable is part of the monthly AIX membership programme and will be chaired by African Energy's John Hamilton with contributions from guests.

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