KaXu Solar One #44765
Created at
2023-02-02
Last update
2024-09-13
4 Parents (Involvements as child)
ID
Name
Abengoa SA
Country of registration/origin
Spain
Classification
Stock-exchange listed company
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
51.00 %
ID
Name
Industrial Development Corporation (IDC) South Africa
Country of registration/origin
South Africa
Classification
State-/government (owned) company
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
29.00 %
ID
Name
KaXu Community Trust
Country of registration/origin
South Africa
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
20.00 %
ID
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Debt financing
Comment
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is one of the largest development finance institutions supporting the private sector in emerging markets. IFC was responsible for facilitating the structuring of the financing package for the KaXu Solar .This resulted in channeling approximately USD 900 million of private sector financing, utilizing an innovative project finance structure with blended finance elements.
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
1 100 ha