JSE-listed Harmony formally appointed Nedbank CIB to act as a global coordinator and bookrunner, as well as a global sustainability coordinator, to structure and arrange the substantial dual currency, multi-tranche debt package.
The association deems the reforms vital for the sector to become competitive, with multiple generators of power competing to supply electricity at the lowest cost and selling power directly to customers.
EIUG CEO Fanele Mondi notes that the latest Eskom system status briefing (its winter plan) and poor performance during May, are evidence of increased levels of system strain, characterised by growing unplanned generation outages and a shortage of generation capacity to perform maintenance and meet demand.
INDUSTRY NEWS
- Salga energy head calls for post-election review of free basic electricity schemeMay 14, 2024 - 4:04 pm
- Kinetiko thrilled with successful onshore gas-to-power demonstration in South AfricaMay 14, 2024 - 1:05 pm
- EWSETA, partners to advance women in electrical, renewable energy fields in LimpopoMay 13, 2024 - 5:05 pm
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 51 534 1651
Email: info@transfix.co.za