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Landmark Eswatini power project receives financial boost - CAJ News Africa

Summary by CAJ News Africa

from SAMBULO DLAMINI in Mbabane, EswatiniEswaziland BureauMBABANE, (CAJ News) – STANDARD Bank has announced the close of a R567 million (US$29,95 million) deal to fund Eswatini’s 13,5MW Lower Maguduza hydropower project. The project was sponsored and developed by African Clean Energy Developments (ACED) with the African Infrastructure Investment Managers (AIIM) managed IDEAS Fund and Eswatini Public Service Pensions Fund (PSPF) as shareholders. …

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Africa.com

Standard Bank Leads Debt Funding Of Pioneering Eswatini Lower Maguduza Hydropower Project

Standard Bank has announced the close of a R567million deal to fund Eswatini’s 13,5MW Lower Maguduza Hydropower Project. The project was sponsored and developed by African Clean Energy Developments (Pty) Ltd (“ACED”) with the African Infrastructure Investment Managers (“AIIM”) managed IDEAS Fund and the Eswatini Public Service Pensions Fund (“PSPF”) as shareholders. ACED will continue to provide construction… Read More »Standard Bank Leads Debt …

2 months ago

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