Eskom seeks funds to go green

01 August 2021 - 00:06 By Agency Staff

Eskom CEO André de Ruyter has laid out a funding plan to help the company move away from using coal.

De Ruyter said Eskom is proposing a multi-lender loan facility from development finance institutions that would be paid out in segments over several years. Mandy Rambharos, head of the Eskom department that is leading the transition, has previously said it could cost $10bn (about R146bn)...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.