News | Energy Efficiency

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/investec-tipped-to-finance-wind-development-in-south-africa.html

Investec is rumoured to have agreed to finance a 300MW wind power development in the Northern Cape province in South Africa, according to local media.

The project that Investec is thought to be funding will be located near the town of Sutherland in the Karoo region.
The plan to finance the project was revealed by the bank’s head of project finance, Michael Meeser, according to local news service Beeld.
The newspaper also said Investec has provided financial advice to Concentrix Solar for a 50MW solar photovoltaic project that is valued at $420m at Touws River in Western Cape province.
Investec is also due to make a decision on a 1,000MW GDF Suez power project that it has agreed to finance, the report added.