New renewables platform Lyra Energy poised to change South Africa’s energy landscape
Renewable energy company Scatec, financial services firm Standard Bank and asset management company Stanlib have established new renewable energy platform Lyra Energy to offer a low-risk, flexible commercial proposition to the private sector in South Africa. Lyra is a private power solution that offers distributed access to high-quality, affordable and predictable utility-scale renewable energy to medium-sized and large commercial and industrial players.