Commission recommends approval of Stanlib Fund II’s buyout of SCDA 3

The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction whereby Stanlib Fund II intends to acquire Solar Capital De Aar 3 (SCDA 3), without conditions. Stanlib Fund II is involved in the provision of financial services and SCDA 3 is a solar photovoltaic (PV) independent power producer (IPP) in the Northern Cape.
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Commission recommends approval of Engie’s buyout of Xina CSP

The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction whereby Engie intends to acquire Xina Concentrated Solar Power (CSP) and Xina CSP Operations & Maintenance (O&M), without conditions. In South Africa, the Engie Group supplies a mix of renewable energies. Its energy projects in South Africa include the Aurora Wind Power Project.
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