News
28 February 2023

Red Rocket reaches financial close on three wind projects

In:
Renewables
Region:
Middle East & Africa

Red Rocket has closed on the financing of three wind farms in South Africa. The deals signed on 23 February with debt provided by mandated lead arrangers Absa and Standard Bank. The deal funds Brandvalley and Rietkloof, two 140MW projects in the Western Cape, and the 84MW Wolf project in the Eastern...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
15 November 2024

Mogobe BESS: South Africa's standalone storage debut

The Mogobe BESS project financing is a crucial first step for South Africa's BESIPPPP standalone storage procurement model. The deal demonstrates the need for lenders to...

Perspective
19 November 2024

How digital infrastructure investors can manage power demand

Power availability for data centres has emerged as the key issue facing digital infrastructure investors. Meeting that demand will require ingenuity and careful planning. By...