News
07 August 2018

More details on Enel's South African wind financing

In:
Renewables
Region:
Middle East & Africa

Enel Group has achieved financial close on a €950 million ($1.11 billion) loan to fund five South African wind projects. Financed on a debt-to-equity ratio of 80:20, Enel provided €230 million of equity financing for its subsidiary EGP RSA. Nedbank and Absa split the 20-year debt...

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