Alternative investment and fund management group TBI has concluded its first deal in South Africa through its new Amandla Renewable Energy Fund. As part of the R440-million deal, TBI, along with Momentum Metropolitan Life and Absa, refinanced the existing funding of Emvelo’s 15% stake in the Karoshoek Solar One concentrated solar power (CSP) plant by subscribing for secured redeemable preference shares in the special purpose vehicle that holds Emvelo’s interest in the plant.
News
You are here: Home1 / News2 / Industry News3 / Emvelo refinances Karoshoek Solar One stake through TBI’s new fund
You might also like
INDUSTRY NEWS
- Ramokgopa seeks to strike ‘delicate balance’ on Eskom tariffs, labelling mooted hikes …September 19, 2024 - 7:04 pm
- AfriForum continues fighting Nersa’s latest appeal in municipal tariff matterSeptember 19, 2024 - 5:00 pm
- IBM develops two new models for energy sector forecastingSeptember 19, 2024 - 1:04 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