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TUHF MAGC

Sector: Warehouse • Location: South Africa

Source: International Finance Corporation (IFC)

Project
Pending

The proposed project consists of an IFC investment of up to ZAR 960 million with a 7-year tenor in the senior tranche of a ZAR 1.2 billion special purpose vehicle (SPV), to be setup and sponsored by TUHF Holdings Limited, South Africa (TUHF or the Company). TUHF and a third-party investor will each invest ZAR 120 million in the junior and mezzanine tranches, respectively. The SPV will utilize the

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The project “TUHF MAGC” is an infrastructure initiative in the Warehouse sector, located in South Africa. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed project consists of an IFC investment of up to ZAR 960 million with a 7-year tenor in the senior tranche of a ZAR 1.2 billion special purpose vehicle (SPV), to be setup and sponsored by TUHF Holdings Limited, South Africa (TUHF or the Company). TUHF and a third-party investor will each invest ZAR 120 million in the junior and mezzanine tranches, respectively. The SPV will utilize the proceeds to finance the development of affordable EDGE-certified green residential buildings in South Africa. The Project is expected to be supported by the Market Accelerator for Green Construction (MAGC) Program as described in the Blended Finance Section.                                                                                                                                                         

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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