Deal #8237
South Africa
Created at
2020-08-10
Last update
2024-02-27
Last full update
2024-02-23
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.
The project was awarded preferred bidder status under the South African Renewable Energy Independent Power Producers Programme (REIPPPP) bid window 4 in 2015 and reached financial close in 2018.
Network of parent companies and tertiary investors/lenders
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Legend
- Is operating company of
- Is parent company of
- Is tertiary investor/lender of