Red Sands BESS

153MW Red Sands BESS Project - Financing

Borrower(s)
Red Sands BESS
Industry
Power/Battery storage
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
South Africa

Deal Overview

A ZAR5.4 billion ($306 million) in financing for Red Sands, Africa’s largest standalone battery energy storage project. The 153MW/612MWh facility near Upington, Northern Cape will operate under a 15-year PPA with the National Transmission Company South Africa.

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Deal Volume
$306.08m
Financial Close
02/07/2025
Dealmakers

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Tranches

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Project Deals

153MW Red Sands BESS Project
$306.08m
Greenfield
Battery storage
Africa
Africa
South Africa