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The PPA is the first contract secured for Enpower Trading, which has secured a licence from the National Energy Regulator of South Africa.
The commission found that Vita Gas allegedly contravened the Competition Act and exploited its market dominance by entering into an exclusive agreement with the only LPG terminal in the Western Cape – the Saldanha Bay-based Sunrise Energy import and distribution facility.
Independent investment banking firm Bravura, which was appointed by Sedgeley Energy, identified private equity fund RMB Corvest as a strongly-aligned investment partner.
Many African countries have, of late, requested lenience in meeting climate change mitigation commitments, requesting also a delay in their abandonment of cheap and easy-to-obtain fossil fuels as a result of their delayed and inhibited industrial and social development.
INDUSTRY NEWS
- Soon to be launched grid-funding instrument can be private participation template for all SoEs …February 13, 2025 - 11:06 am
- Shell sees AI revolutionising energy system in new outlookFebruary 12, 2025 - 12:04 pm
- Sappi Southern Africa , Enpower reach financial close on 175 GWh/y renwables PPAFebruary 12, 2025 - 11:04 am
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