Two well-established South African renewables companies – African Clean Energy Developments and EIMS Africa – have officially combined to form a new large-scale independent power producer (IPP) known as Anthem. The consolidation also coincides with the introduction of new shareholders into the entity, which has historical ties to the Old Mutual-linked African Infrastructure Investment Managers’ (AIIM’s) IDEAS Fund, which remains the majority shareholder in Anthem.
The City of Johannesburg (CoJ) is accelerating action against its worst defaulters, which may see electricity meters being removed as part of the city’s aggressive credit control initiative under the Project Lokisa banner.
The CoJ has identified more than 1 300 residential customers with a combined municipal debt of R987-million, who have failed to pay their municipal accounts for more than a year.
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