Globeleq Aries

Aries and Konkoonsies Solar Projects - Restructuring

Borrower(s)
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
South Africa

Deal Overview

Africa-focused IPP Globeleq has completed a $37 million senior debt restructuring of its 11MW Aries Solar and 11MW Konkoonsies Solar plants in South Africa. Both plants began operation in 2014 as part of South Africa’s Renewable Energy Independent Power Producer Procurement Programme. Globeleq...

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Deal Volume
$37m
Financial Close
18/01/2024
Dealmakers
Sources

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Tranches

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Project Deals

11MW Aries Solar Project
$18.5m
Greenfield
PV solar
Africa
Africa
South Africa
11MW Konkoonsies Solar Project
$18.5m
Greenfield
PV solar
Africa
Africa
South Africa