Moody’s upgrades Enel’s long-term credit rating

Credit rating company Moody’s Investors Service has upgraded the long-term rating of energy company Enel to Baa1, from the previous level of Baa2, with a stable outlook.

The ratings agency has also affirmed the Prime-2 short-term ratings of the subsidiaries Enel Finance International and Enel Finance America.

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Eskom confirms tropical storm has ‘not had any major negative impact’ on operations

State-owned power utility Eskom has confirmed that tropical storm Eloise has, at this stage, not had any major negative impact on its operations. The utility, however, says power lines in some parts of the Mpumalanga, Limpopo and northern KwaZulu-Natal provinces did experience localised outages as a result of trees and poles falling on power lines districts.
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MMC condemns rampant cable theft in Joburg

City of Johannesburg Environment and Infrastructure Services MMC Councillor Mpho Moerane has expressed concern about the increase in electricity cable theft incidents across the city.  Since the start of the current financial year, cables worth over R14-million have been stolen.
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100 MW Kipeto wind power project connected to Kenyan grid

Renewable energy company Kipeto Energy (KEP) has connected the Kipeto wind farm to the national grid and will start generating power in the next week. KEP has connected a 17-km-long 220 KV high-voltage transmission line, linking the facility to the national grid at the Isinya substation, and signalling the start of the go-live process.
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Evaluation of emergency-power bids ‘by February’, with renewables bidding to open in …

The evaluation of the 28 bids received under South Africa’s Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) is anticipated to be concluded by February 2021, the IPP Office has confirmed with Engineering News. The preferred bidders, it adds, will be announced as soon as the recommendations from the evaluation team have been approved by the Department of Mineral Resources and Energy (DMRE).
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