Government of South Africa

South Africa Komati Just Energy Transition Project - World Bank Loan

Industry
Renewables/Renewables (other)
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
South Africa

Deal Overview

The World Bank has approved a $497 million loan to South Africa to decommission and repower the Komati coal-fired power plant using renewables and batteries.The repowering of the plant will involve the installation of 220MW of clean energy solutions, including 150MW of solar photovoltaic and 70MW of...

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Deal Volume
$497m
Financial Close
15/07/2023
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Tranches

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Project Deals

Komati Just Energy Transition Project
$497m
Brownfield
Renewables (other)
Africa
Africa
South Africa