Enel draws €707 million on the Absa and Nedbank South African wind power credit line

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.jeuneafriquebusinessplus.com/en/808125/enel-draws-e707-million-on-the-absa-and-nedbank-south-african-wind-power-credit-line/

08/06/2021 at 16h33, by Jeune Afrique Business+, updated 10/06/2021

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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