Sappi Southern Africa biomass plant

9/2/2017
Project development

ZAR 1 billion

$ 75 million

Announced

9/2/2017


Overview:

  • The Sappi Southern Africa biomass plant project involves the ZAR1 billion construction of a 25MW biomass-to-power plant located at Sappi's Ngodwana mill. 
  • Sappi Southern Africa acts as the project company and sponsor in relation to the financing required for construction and operation of the facility. 
  • It is one of the first biomass facilities to be built in South Africa to contribute also to the renewable energy mix, which makes it both geographically and commercially important.
  • The project is expected to be completed in 2018.

Anna Kozakova - Journalist

Jurisdiction:

South Africa

Deal type:

Project development

Practice area:

Project development

Governing law:

South Africa

Industry sector:

Energy


Firm:

Party: Sappi Southern Africa (Project company)