Please note: you are viewing an old version of this deal. The current version can be found here: Deal #9838

Deal #9838 Version #91995

South Africa
Created at
2023-02-02
Last update
2024-02-29
Last full update
2024-09-10

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Department of Energy (DoE) Government / state institutions (government, ministries, departments, agencies etc.)
  • Deputy Minister of Public Enterprises Government / state institutions (government, ministries, departments, agencies etc.)
  • Abengoa Solar Other
Name of investment project
KaXu Solar One.
Comment on investment chain
The KaXu Solar One project is jointly owned by Abengoa Solar (51%), state-owned Industrial Development Corporation (IDC, 29%) and a community trust owned by Broad-Based Black Economic Empowerment (BBBEE, 20%). KaXu Solar One benefits the entire country by: • Making over 7.8 Billion ZAR direct and indirect investment • 5.9 Billion ZAR tax payable in 22 year period • Creating a supply chain with 1.2 Billion ZAR in component and services, 28.5% local content The project was developed by a consortium that included Abengoa Solar, a Spanish company known for its involvement in major renewable energy projects globally, and various local partners. Ownership and equity stakes in the project may involve multiple entities, often a mix of
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