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Project Brief - South Africa - Eskom Corporate Loan
The corporate loan will assist Eskom, South Africa’s electricity company, to complete its CEP. The program, to be rolled out over a 5-year rolling period (2015/16 –2019/20), will deliver major transmission lines, refurbishments, substations, and additional generation, including completion of: Ingula Plant (1332 MW), Medupi Plant (4764 MW) and Kusile Plant (4800 MW); refer to Table 1 below. This will enable Eskom to increase its generation capacity, reduce reliance on expensive diesel-fired power consequently contributing to its medium/long-term financial sustainability. This will breed new economic competitiveness in South Africa and the wider region.