Germany’s KFW offers Eskom R4bn loan

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To further develop its transmission grid in the Northern Cape and Western Cape provinces.

The German development bank, KFW, has offered a €200 million loan to South African power utility Eskom to further develop its transmission grid in the Northern Cape and Western Cape provinces.

Discovery to establish renewables marketplace Discovery plans to establish a platform that will link South African companies with independent power producers who are selling renewable energy. Karpowership to gift game farm to ease South African power plan Karpowership has agreed to buy and donate a game farm to a provincial wildlife authority in a bid to ease environmental approval for one of three floating gas-fired power plants it wants to deploy in South Africa.

Eskom’s ex-coo moves from coal to renewables developer Mulilo Jan Oberholzer, the former chief operating officer of Eskom, has shifted focus from fixing coal-fired power plants to developing clean energy in a new role at South African renewables producer Mulilo Energy Holdings.

Source: Loan Digest (loandigest.net)

 

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