News
19 January 2024

Globeleq completes restructuring of 2 solar projects

In:
Renewables
Region:
Middle East & Africa

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. The restructuring led by Standard Bank Limited has resulted in the lowering of the cost of debt which allows for a significant reduction...

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