R300m fund for SMMEs in renewable energy sector launched

Engineering News ONLINE
05 November 2015
Specialist risk finance group Business Partners has launched a dedicated R300-million fund earmarked for the financing of new or existing small, medium-sized and microenterprises (SMMEs) in the South African renewable-energy space, providing equity and debt finance of between R500 000 and R30-million, it said at the launch, in Johannesburg, on Thursday. “There is no specific preference in terms of what type of business qualifies, but we want to support viable businesses that actively develop, manufacture and provide goods and services aimed at saving the planet and which seek to or are doing the right things by implementing measures and or technologies that reduce adverse impacts on the environment.  Read more here…

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Market Segment
System Size
Total Capacity
0 - 30 kWp
Commercial and Industrial (C&I) - SSEG
30kWp - 1MWp
C&I Large Scale and utility scale
1MWP - 50MWp
Utility Scale
> 50MWp