Deal #8237

South Africa

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Created at

2020-08-10

Last update

2024-09-11

Last full update

2024-09-11

Operating Company

Operating company

Actors involved in the negotiation / admission process

South African government Government / state institutions (government, ministries, departments, agencies etc.)

Name of investment project

Konkoonsies II Solar PV

Comment on investment chain

MIGA has issued guarantees in support of the construction, ownership and operation. The guarantees provide protection against the risks of Transfer and Inconvertibility, Expropriation, Breach of Contract, and War & Civil disturbance for up to 15 years. BioTherm Energy has rebranded to BTE Renewables.Electricity sold to Eskom under 20-year PPAs signed in 2018.

Network of parent companies and tertiary investors/lenders

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