FirstRand

FirstRand Bank (FRB Climate Action Facility) - EIB Financing

Borrower(s)
FirstRand
Industry
Climate finance/Climate change mitigation/resilience
Area of finance
Development Bank Finance
Region
Africa
Africa
Countries
South Africa

Project Overview

Renewable energy projects developed by independent power producers in South Africa received a €400 million (ZAR7.9 billion) boost via a joint initiative between EIB and FirstRand Bank. A €200 million loan from EIB will be matched by FirstRand Bank to invest in renewable energy, in...

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Deal Volume
$216.69m
Dealmakers

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Tranches

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