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The Sonvanger Solar PV Power Plant, a 100MW facility will contribute to the country's clean energy transition, Pele Energy said.
Glencore, Merafi and Pele did not immediately respond to a request for a comment.
Nedbank Group and Absa Group will provide debt financing, with Pele Green Energy contributing equity, according to Pele MD Gqi Raoleka, as reported by Bloomberg.
Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.
Go to: https://www.reuters.com/