Deal #9838
South Africa
Created at
2023-02-02
Last update
2024-09-10
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