GreenCo Secures USD 40 Million Facility from U.S. DFC to Boost Renewable Energy in Southern Africa
We are excited to announce that GreenCo has partnered with the U.S. International Development Finance Corporation (DFC) to drive renewable energy investments in Southern Africa. This USD 40 million facility will bolster GreenCo’s creditworthiness, enabling us to further scale our efforts to support Independent Power Producers (IPPs) and create a more stable, resilient renewable energy market across Zambia, South Africa, Namibia, and beyond.
With this support, GreenCo can access a USD 50 million Liquidity Buffer Capacity to back over 350MW of renewable energy capacity, reinforcing our role as a trusted energy aggregator and trader. This partnership aligns with our mission to unlock the region’s renewable energy potential while contributing to global climate goals.
Learn more about this collaboration in the press release: Read Full Press Release
News
Greenco’s Power Systems Insights 2024 No.08
🚨 Our latest newsletter is now live 🚨 In this edition, we cover: 🔹Regional Collaboration and Innovative Financing Addresses Zambia’s Energy Crisis 🔹Join Our …
Regional Collaboration and Innovative Financing Addresses Zambia’s Energy Crisis
Africa GreenCo Group (GreenCo) through its newly incorporated Zambian subsidiary GreenCo Finance Solutions Limited (GreenCo FinanceCo) has signed a USD 55.5 million Facilities Agreement with Stanbic Bank Zambia and the Standard Bank of …
Africa GreenCo Granted Electricity Trading And Import/Export Licenses in South Africa
We’re pleased to share a major milestone: Africa GreenCo (GreenCo Power Services Pty Ltd) has been granted domestic electricity trading and import/export licenses by the National Energy …
Greenco’s Power Systems Insights 2024 No.07
🚨 Our Latest Newsletter is Now Live! 🚨 In this edition, we cover: 🔹Africa GreenCo Granted Electricity Trading And Import/Export Licenses in South Africa …
Greenco’s Power Systems Insights 2024 No.06
🚨 Our Latest Newsletter is Now Live! 🚨 In this edition, we cover: 🔹U.S. International Development Finance Corporation (DFC) Commits a USD 40m Facility to …
ZESCO Limited Secures Power Supply from South Africa with Support from GreenCo and First Quantum Minerals
ZESCO, with financial backing from GreenCo Power Services Limited (GreenCo) and First Quantum Minerals Ltd (FQM), has secured additional electricity imports from South Africa …