RMB was the debt co-ordinator, mandated lead arranger, senior lender, hedging bank and facility agent to Abengoa's 100MW, ZAR10.2-bn, Xina power project.

Rand Merchant Bank is again proud to have led the financing of another Abengoa-led 100MW Solar Thermal Electric Power project located in the Northern Cape. The transaction, which constitutes the largest project finance debt funding in the South African market to-date, includes innovations such as long-term inflation-linked debt. The Xina power plant, with 5 hours of thermal storage, will generate enough electricity to power 95,000 households – again demonstrating RMB's ability to lead and deliver large, complex project finance deals.

RMB is a leading African Corporate and Investment Bank.

Contacts
SN
Share
Required
Required
Required
Required
Optional

More deals in Renewable Energy