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Further financial-close delay in prospect for 28 renewables bidders

26 July 2012:

Engineering News Online: 

The 28 renewable-energy project developers identified in December as preferred bidders, following the first bid window under South Africa’s R100-billion Renewable Energy Independent Power Producer Programme (REIPPP), have been notified that the timing of financial closure may be delayed beyond the end of July.

News of yet another possible extension emerged only days after Energy Minister Dipuo Peters indicated that the deadline had been extended by the Department of Energy (DoE) to the end of July, from an initial deadline of June 19. Read more…

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