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September 9th, 2011
Eskom – New Loan for Western Cape Wind Project

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Eskom has been given a R980 840 000 loan by the Agence Franaise de Dveloppement (AFD) towards its renewable energy projects, the electricity parastatal said. “The facility, which is for 20 years, will go towards financing Eskom’s 100 megawatt Sere Wind Project in the Western Cape [Vredendal],” it said in a statement. The loan forms part of Eskom’s seven-year R300-billion funding plan. Read More