Enel draws €707 million on the Absa and Nedbank South African wind power credit line
The bank financing is to help the local renewable energy subsidiary build a 700 MW wind farm.
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▪ Enel draws €707 million on the Absa and Nedbank South African wind power credit line
▪ The bank financing is to help the local renewable energy subsidiary build a 700 MW wind farm.
▪ https://www.africabusinessplus.com/en/808125/enel-draws-e707-million-on-the-absa-and-nedbank-south-african-wind-power-credit-line/
The R15 billion (€890 million) credit line was obtained in July 2018 and was granted for 21 years by a consortium consisting of Absa Bank Limited and Nedbank Limited.
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