Global Trade Alert
Global Trade Alert

South Africa: IDC provides financing to Scatec Kenhardt 2 (Pty) Ltd

Announcement

28 Feb 2022

During the 2021/2022 fiscal year, the Industrial Development Corporation of South Africa (IDC) provided a ZAR 300 million (USD 19.5 million) loan to Scatec Kenhardt 2 (Pty) Ltd. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Feb 2022

Revocation date:

No revocation date

Updated: 28 Feb 2022
State loan In force

The Industrial Development Corporation of South Africa (IDC) provided a ZAR 300 million (USD 19.5 million) loan to Scatec Kenhardt 2 (Pty) Ltd. This information was made available as the IDC disclo...

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