top of page

Renergen signs US$500mm potential DFC loan for Phase 2

Renergen has signed a retainer with the US International Development Finance Corporation (DFC) for a possible US$500mm loan to finance the Phase 2 development of the company’s Virginia gas project, in the Free State province of South Africa. Renergen says it is also considering co-lenders alongside DFC for a further US$200mm, after receiving multiple letters of intent from additional lenders. For Phase 2, Renergen plans to secure 65% debt funding, while equity funding will comprise the balance.

Want to read more?

Subscribe to to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All
bottom of page