Global Trade Alert
Global Trade Alert

South Africa: NDB approves ZAR 6 billion loan for an energy storage project

Announcement

16 Dec 2019

The New Development Bank announced approving a ZAR 6 billion (USD 400 million) loan to ESKOM Holdings SOC Limited for the implementation of a battery energy storage project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Dec 2019

Revocation date:

No revocation date

Announced: 16 Dec 2019
State loan In force
On 16 December 2019, the New Development Bank (NDB) approved the ZAR 6 billion (USD 400 million) loan agreement with ESKOM Holdings SOC Limited, the South African electricity public utility for the im...
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