Eskom Is Seeking $2.3 Billion From Development Institutions
- African Development Bank, World Bank, KFW are among funders
- New Development Bank and France’s AFD have offered funding
The Eskom Matla coal-fired power station in Mpumalanga, South Africa.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
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Eskom Holdings SOC Ltd. is in talks to raise about 33 billion rand ($2.3 billion) from at least five development finance institutions to help fund its partial exit from coal-fired power generation.