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IPP and partner issue bond for solar CPV plant

Business Report

05 June 2013

Independent power producer (IPP) Pele Green Energy and solar concentrated photovoltaic equipment maker Soitec have raised the first green bond in Africa for their concentrator photovoltaic (CPV) power plant. The 44 megawatt-peak Touwsrivier solar CPV plant raised a debt facility through a R1 billion bond issue on the interest rate market of the JSE.  Read more

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