De Aar Solar Power #44573
Created at
2022-12-03
Last update
2024-09-13
6 Parents (Involvements as child)
ID
Name
Standard bank
Country of registration/origin
South Africa
Classification
Commercial Bank
Relationship
Tertiary investor/lender
Investment type
Debt financing
Ownership share
75.00 %
Comment
An investment of R5-billion was made into the first two phases of the De Aar project, . The remaining 75% had been financed through loans from Standard Bank South Africa
ID
Name
Globeleq Investment Limited
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Private company
Relationship
Parent company
Comment
The solar plant is owned by a consortium including Globeleq
ID
Name
Thebe Investment Corporation
Country of registration/origin
South Africa
Relationship
Parent company
ID
Name
Enzani Technologies
Country of registration/origin
South Africa
Classification
Private company
Relationship
Parent company
Comment
ID
Name
Usizo Engineering
Country of registration/origin
South Africa
Relationship
Parent company
ID
Name
The Droogfontein Communal Property Association
Country of registration/origin
South Africa
Relationship
Parent company
Investment type
Shares/Equity
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
South Africa
Current intention of investment
Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
2 674 ha