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Featured News and Media
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Glencore Makes Deal with Pele Green for R2.1bn Solar Plant
Nedbank Group and Absa Group will provide debt, while Pele will contribute equity, Pele’s Managing Director Gqi Raoleka said…
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Glencore Makes Deal with Pele Green for $116 Million Solar Plant
Pele Green Energy to build a 100MW plant at Gelncore-Merafe’s chrome venture. Nedbank and ABSA to provide debt financing for the transaction. Read more….
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Nedbank, Norfund to Lend Pele Green $132 Million for Renewable Power Plants
Pele Green Energy has won 2.5 billion rand ($132 million) in funding from lenders including Nedbank Group Ltd. to help it build renewable power plants including one ordered by Anglo American Platinum Ltd.
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Pele Green Energy to Start Building Two Solar Plants
Independent power producer (IPP) Pele Green Energy (PGE) has reached financial close for two solar photovoltaic (PV) power plants under bid window five of South Africa’s Renewable...
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RMB Partners with Black-Owned Renewable Energy Company, Pele Green Energy
Clean energy is not only an important and growing sector for the South African economy, but one that is fertile for the entry of black-owned businesses. The South African Government’s…
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Private Offtake Market Adds New Impetus to Black Energy Group’s Pioneering IPP Journey
he journey by South Africa’s Pele Energy Group (PEG) from fledgling energy investor to that of a pioneering black-owned and -managed independent power producer (IPP) is receiving fresh impetus from an unexpected source…