Further financial-close delay for South African renewables bidders

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“Notwithstanding the Minister of Energy’s reference last week to the extension of financial close to the end of July, the department is not currently in a position to advise preferred bidders of the earliest date on which the department and Eskom could conclude the implementation agreements, the power purchase agreements and the direct agreements.”

The correspondence indicates that approvals are still being processed and that the department will issue further communication “as soon as possible”.


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