HEAVY LIFTING
After significant research, lobbying and consultative efforts, the first concessional finance has started to flow towards Eskom’s plan to repower and repurpose those coal power station sites that are scheduled for retirement. The World Bank Group has approved a $497-million finance package for the ‘Komati Just Energy Transition Project’, to be financed jointly through a $439.5-million World Bank loan, a $47.5-million concessional loan from the Canadian Clean Energy and Forest Climate Facility, and a $10-million grant from the Energy Sector Management Assistance Program.
Comments
The login details you entered is incorrect. Please try and re-enter your username and password. If you continue having problems, please contact us at subscriptions@creamermedia.co.za for assistance.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.