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/PRNewswire/ -- Globeleq, the leading independent power company in Africa, announces that it has completed a US$37 million (ZAR682 million) senior debt...
Africa Business Communities
Globeleq has completed a US$71 million senior debt restructuring of its 31 MW Soutpan plant in Limpopo Province.
The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG) (www.PIDG.org), confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector. EAIF has provided a US$35 million loan over a 15-year term to the 40MW Kesses solar generation facility to be built near Eldoret in the
The Kesses solar project will improve access to energy for thousands of people supporting SDG 7 and create up to 400 construction jobs.