Power and Infrastructure Sector
Finding solutions for Africa’s sustainable energy transition
We are one of the largest banks in Africa, with on-the-ground presence in 20 countries and deep expertise in the energy and infrastructure sector. In response to climate change, countries have made commitments towards net zero and finding new pathways to introduce more bold targets towards renewable energy and other transition fuels. Africa’s energy sector is critical to accelerating the continent’s Just Energy Transition and unlocking further growth not only for the economy but also for the broader community.
As a bank that is at the forefront of the energy transition, we remain committed to driving sustainable and inclusive economic progress by partnering with clients such as Red Rocket, EDF Renewables, PAIDF 2, Anergi, Tronox, Seriti, Scatec, Genser and Kesses to find the right solutions and support them in their sustainability journey. Our plan to launch a renewable energy fund will further accelerate the transition away from fossil fuels in the 20 African nations in which we have a presence.
Standard Bank is also a proud sponsor of the annual Africa Energy Forum which took place in Nairobi Kenya from 20 to 23 June 2023. We engaged in discussions about the role that we will play in ensuring the successful facilitation of the Just Energy Transition that benefits the social, environmental, and economic futures of African citizens.
Deals in the Power and Infrastructure Sector
Red Rocket closes on onshore wind projects worth R12 billion
Standard Bank is proud to announce that it has partnered with Red Rocket, African Infrastructure Investment Managers (through its IDEAS Fund) and Jade-Sky Energy to reach financial close on 3 onshore wind projects with a total value of R12 billion.
Partnering EDF Renewables to boost SA’s Renewable Energy Sector
Standard Bank has acted as the mandated lead arranger and debt facility provider for EDF Renewables to secure financial close on 2 wind-powered renewable energy generation projects within the first round of the Renewable Energy Independent Power Producer Programme (REIPPP) Bid Window 5.
Standard Bank provides R500m equity finance to PAIDF 2
Standard Bank is proud to announce that it has provided the Pan African Infrastructure Development Fund (PAIDF) 2 with a R500m equity financing solution in order to help the fund deliver on its strategic ambition of transforming Africa through infrastructure.
Standard Bank provides EUR50m equity finance to refinance Anergi’s interests in Africa's largest wind farm
Standard Bank is proud to announce that it has provided Anergi with a EUR50m structured equity financing refinance solution for Africa's largest wind farm, Lake Turkana Wind Power.
Standard Bank supports SOLA Group, Tronox SA and Rainbow Energy’s 200MW solar powerplant
Tronox Holdings plc, a vertically integrated mining and chemical business, has entered into a long-term power purchase agreement with local independent power producer, SOLA Group (“SOLA”) and African Rainbow Energy (“ARE”), to construct a 200MW solar powerplant to support its mining operations in South Africa.
Standard Bank supports Seriti in its acquisition of Windlab Africa
Standard Bank, in partnership with Seriti Resources Holdings (Seriti), has reached financial close on its acquisition of wind-powered renewable energy company Windlab Africa.
Standard Bank provides funding for Africa’s largest baseload renewable energy project
Standard Bank and British International Investment (BII) partnered with Scatec and H1 Holdings to develop the first sizable battery energy storage and photovoltaic (PV) solar project in South Africa, Africa’s largest and South Africa’s first baseload renewable energy project uniquely powered entirely by renewable sources.
Financing Africa’s Infrastructure Development
"In order for us to sustain economic growth across the continent, we have to be able to grow inter- regional trade''. - Aadil Cajee
Watch insights from Aadil who was on the Infrastructure Africa Business Forum panel.
The Green Hydrogen Economy
The Green Hydrogen Economy is set to play a very important role as we move to our zero- emissions target by 2050.
Our Offering
We offer a comprehensive suite of financing and advisory solutions for the power and infrastructure sector, including:
Why talk to us
- Unlock opportunities for you: We identify potential projects for you and assist to originate deals across Africa.
- On-the-ground expertise: Our sector specialists have comprehensive and on-the-ground knowledge of the energy and infrastructure sector.
- Innovative financing solutions: Our holistic, leading-edge equity raising and debt financing solutions are customised to your specific requirements.
- Universal support and capabilities: We are able to provide an end-to-end solution, from transactional capabilities, finance and access to global markets.
- A single experience across countries: We understand that as a multinational company you may experience complexity when navigating different regulatory requirements. We not only assist in navigating regulations, but also ensure that you have the same banking experience across locations.
- Optimising the value chain: Our expertise across energy and infrastructure helps us optimise your financing requirements along the entire value chain, from fuel supply and transportation to electricity generation and distribution.
- Leaders in renewable energy projects: We are active in renewable energy projects, such as solar and wind energy, and waste-to-energy projects.
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Our Offering
-
Why talk to us
We offer a comprehensive suite of financing and advisory solutions for the power and infrastructure sector, including:
- Unlock opportunities for you: We identify potential projects for you and assist to originate deals across Africa.
- On-the-ground expertise: Our sector specialists have comprehensive and on-the-ground knowledge of the energy and infrastructure sector.
- Innovative financing solutions: Our holistic, leading-edge equity raising and debt financing solutions are customised to your specific requirements.
- Universal support and capabilities: We are able to provide an end-to-end solution, from transactional capabilities, finance and access to global markets.
- A single experience across countries: We understand that as a multinational company you may experience complexity when navigating different regulatory requirements. We not only assist in navigating regulations, but also ensure that you have the same banking experience across locations.
- Optimising the value chain: Our expertise across energy and infrastructure helps us optimise your financing requirements along the entire value chain, from fuel supply and transportation to electricity generation and distribution.
- Leaders in renewable energy projects: We are active in renewable energy projects, such as solar and wind energy, and waste-to-energy projects.
Get in touch
Rentia Van Tonder
Head: Power, Client Coverage
Telephone
Email
Jonathan Muga
Head: Infrastructure
Email
Pascal Bernous
Power and Infrastructure, International
Telephone
Email
Patrick Guo
Head: Regional Coverage, China
Telephone
Email
Jeannot Boussougouth
Executive: Power and Infrastructure
Telephone
Email
Hoosein Chothia
Executive, Client Coverage
Telephone
Email
Folake Ademiluyi
Head: Power and Infrastructure, Nigeria
Telephone
Email
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