New thinking for NuPlanet

RMB successfully banked a R200-m hydro power deal for NuPlanet.

Innovative sustainable energy solutions require innovative financing solutions. Generating electricity from the pipeline that provides drinking water to Johannesburg, the new hydro power plant will supply electricity that will be available 95% of the year.

RMB provided the first financing of an engineering, procurement and construction management based project under the government’s renewable energy programme. Beneficiaries include local communities, churches and schools.