RMB lead the financing for the ZAR12-bn Kathu Solar Park.

Rand Merchant Bank led a group of five South African banks to deliver the largest project financing in South Africa to date, including a ZAR2.5-bn 20-year inflation-linked loan arranged by RMB. This Concentrated Solar Power (CSP) plant to be built in the Northern Cape will add 100MW of capacity to the South African power grid and will help alleviate electricity demand during peak periods. The Kathu Solar Park marks the third CSP project financing led by RMB, representing more than ZAR30-bn combined project value.

RMB is a leading African Corporate and Investment Bank.

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