Anthem moves ahead with giant Free State PV project following offtake deals with two traders

Leading South African independent power producer Anthem has announced that its giant 475 MWac (620 MWdc) Notsi solar PV project in the Free State has advanced to financial close after concluding private offtake agreements with electricity traders Discovery Green and NOA Group. The R9-billion transaction has been supported by a consortium of lenders, including Standard Bank, Nedbank, ABSA and Vantage GreenX Note.