Development finance institutions from Norway and the UK plan to invest R600m in an SA company that will develop solar and wind power projects to generate 2.4GW of renewable energy.
Norwegian investment fund Norfund and the UK’s CDC Group announced in Cape Town on Thursday that they would invest R360m and R240m, respectively, in H1 Capital, an SA-based black-owned and managed renewables investment and development company...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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