News
24 March 2021

Redstone CSP PPA amendment to be signed shortly

In:
Renewables
Region:
Middle East & Africa

Sponsors of the $750 million Redstone concentrated solar power (CSP) project in South Africa are expected to sign a PPA amendment in the next few weeks, allowing the project's long-awaited project financing to proceed. While the original deal reached financial close on 31 July 2019, the...

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


Video
23 February 2026

Blue Energy: A novel take on SMR bankability

Proximo talks nuclear plant prefabrication, and lessons learnt from LNG and offshore wind, on the road to unlocking project finance for SMRs.

Perspective
27 February 2026

Al Dhafra: GCC solar bonds worth the wait

It is not the first solar project bond refinancing in the region, but it is the best-priced. Despite its development challenges, Al Dhafra shows what a strong revenue model...