New Energy
EIB, DBSA Commit €200 Million to South African Renewable Energy
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The European Investment Bank and the Development Bank of Southern Africa Ltd. said they will commit a further €200 million ($220 million) to a program to support the generation of renewable energy by private operators in South Africa.
The two development banks, which contributed equally to the latest commitment, contributed €400 million to the project in 2022, they said in a statement on Wednesday.