Eskom Needs $10 Billion to Repurpose Most Coal Plants by 2050

Eskom Holdings SOC Ltd., South Africa’s state power utility, needs $10 billion to shut most of its coal-fired plants by 2050, a company official said.

The utility is in talks with development finance institutions to raise the money, the head of Eskom’s Just Energy Transition office, Mandy Rambharos, said by phone on Wednesday.