Mkuze 16.5MW biomass power plant

Overview:

• Mkuze 16.5MW biomass power plant.
• The project is a power plant to be constructed in KwaZulu-Natal by Tongaat Hulett.
• The facility will burn sugar cane tops and refuse to generate power.
• The main plant components will consist of a boiler steam turbine, a generator and a fuel handling system.
• This transaction is the first biomass project in South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
• Rand Merchant Bank, a division of FirstRand Bank, acted as lender in the almost $100 million transaction.
• Legacy firm Chadbourne & Parke (Lido Fontana) advised Building Energy.

Anna Kozakova - Journalist