Kathu CSP Power Plant
Sector: Solar • Location: South Africa
Source: World Bank Group
Kathu Solar Park (RF)Pty Limited will develop the 100 MW Kathu SolarPark concentrated solar power (CSP)project, in the Northern Cape, following the signing of a 20-year power purchase agreement (PPA) by the ENGIE-led consortium and South Africa’s State-owned electricity utility Eskom.
Kathu Solar Park (RF)Pty Limited is a consortium comprising ENGIE, which has a 48.5% interest, as well as the SIO
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Participants
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Status
Original status | active |
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Description
Description | Kathu Solar Park (RF)Pty Limited will develop the 100 MW Kathu SolarPark concentrated solar power (CSP)project, in the Northern Cape, following the signing of a 20-year power purchase agreement (PPA) by the ENGIE-led consortium and South Africa’s State-owned electricity utility Eskom. Kathu Solar Park (RF)Pty Limited is a consortium comprising ENGIE, which has a 48.5% interest, as well as the SIOC Community Development Trust, Investec Bank, Lereko Metier and the Public Investment Corporation developing the project. The project achieved financial close on 12th of May 2016. Funding comprises 78 per cent debt and 22 per cent sponsors' equity. Debt funding will be provided by Rand Merchant Bank, Nedbank Capital, ABSA Capital, Investec and the Development Bank of Southern Africa. Located in the Northern Cape Province around 600 km south-west of the capital Pretoria, Kathu is expected to become operational in the second half of 2018. http://www.engie.com/wp-content/uploads/2016/05/pr-engie-kathu.pdf https://ijglobal.com/data/project/33292/kathu-csp-power-plant-100mw SUEZ=Engie Sponsor |
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Original Currency | USD |
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Source
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Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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