Energy and Infrastructure
Energy and Infrastructure are two critical pillars that lay the foundation for Africa's sustainable development and economic growth. Our on-the-ground teams and deep sector expertise are driving this transformation by partnering with clients and industry leaders to diversify the energy mix and accelerate economic growth. We also actively participate and engage with other stakeholders at industry events.
Energy, underpins economic growth in mature and emerging markets, with Africa no exception. In Africa, where around 500 million people do not have access to electricity, increased access to energy (including access to fuels for transportation and cooking) is crucial to human development and the continent’s industrialisation, which can promote increased prosperity and reduced energy inequality. We believe that access to affordable and reliable energy is fundamental to Africa’s development.
Partnering for progress: Advancing Africa's energy sector
Our efforts in transforming the sector include providing financial support and advice to clients with their innovative projects, including the following:
- TotalEnergies: We partnered with TotalEnergies through its renewables’ affiliates in South Africa and Hydra Storage HoldCo to successfully facilitate the TotalEnergies Hydra Storage Project, which consists of a 216MW solar PV and 450MWh battery energy storage that will make available 75MW of dispatchable power every day from 5:00am to 9:30pm for 20 years and relieve pressure on the national power grid.
- Seriti Green: We successfully reached financial and commercial close on Seriti Green’s 155MW renewable energy wind project in Mpumalanga, the initial phase of the greater Ummbila Emoyeni facility.
- Lyra Energy: We advised Scatec and STANLIB in establishing a new renewable energy platform called Lyra Energy, which offers distributed access to high-quality, affordable and predictable utility-scale renewable energy to medium and large commercial and industrial customers.
Infrastructure development is a crucial aspect of Africa’s growth. With a youthful population, there is an increasing demand for infrastructure that promotes reliable forms of transportation and industrialisation in order to create job opportunities and boost economic activity.
By investing in the development of the continent’s infrastructure, we can begin to create more opportunities to promote inter-regional trade, strengthen relations between African countries, create more efficient ways to import and export products and accelerate economic growth across the continent.
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Energy
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Infrastructure
Energy, underpins economic growth in mature and emerging markets, with Africa no exception. In Africa, where around 500 million people do not have access to electricity, increased access to energy (including access to fuels for transportation and cooking) is crucial to human development and the continent’s industrialisation, which can promote increased prosperity and reduced energy inequality. We believe that access to affordable and reliable energy is fundamental to Africa’s development.
Partnering for progress: Advancing Africa's energy sector
Our efforts in transforming the sector include providing financial support and advice to clients with their innovative projects, including the following:
- TotalEnergies: We partnered with TotalEnergies through its renewables’ affiliates in South Africa and Hydra Storage HoldCo to successfully facilitate the TotalEnergies Hydra Storage Project, which consists of a 216MW solar PV and 450MWh battery energy storage that will make available 75MW of dispatchable power every day from 5:00am to 9:30pm for 20 years and relieve pressure on the national power grid.
- Seriti Green: We successfully reached financial and commercial close on Seriti Green’s 155MW renewable energy wind project in Mpumalanga, the initial phase of the greater Ummbila Emoyeni facility.
- Lyra Energy: We advised Scatec and STANLIB in establishing a new renewable energy platform called Lyra Energy, which offers distributed access to high-quality, affordable and predictable utility-scale renewable energy to medium and large commercial and industrial customers.
Infrastructure development is a crucial aspect of Africa’s growth. With a youthful population, there is an increasing demand for infrastructure that promotes reliable forms of transportation and industrialisation in order to create job opportunities and boost economic activity.
By investing in the development of the continent’s infrastructure, we can begin to create more opportunities to promote inter-regional trade, strengthen relations between African countries, create more efficient ways to import and export products and accelerate economic growth across the continent.
Energy and Infrastructure are pivotal to Sub-Saharan Africa’s progress. In a fast-evolving global context, harnessing SSA’s potential is crucial in driving economic growth and maintaining Africa’s global competitiveness.