Eskom in talks to raise $2.3bn from development financiers

Eskom Holdings is in talks to lift about R33.1 billion from 5 growth finance establishments, in line with a presentation made to authorities, enterprise and labour leaders.

The cash can be used to assist the corporate re-purpose coal-fired energy crops into websites that might produce renewable power and host battery storage, in line with the presentation seen by Bloomberg and confirmed by Eskom.

© 2021 Bloomberg

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