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Eswatini Lower Maguduza Hydropower Project

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Hydropower dam in Eswatini supporting the Lower Maguduza Hydropower Project.

Standard Bank Leads Debt Funding Of Pioneering Eswatini Lower Maguduza Hydropower Project

Standard Bank has announced the close of a R567million deal to fund Eswatini’s 13,5MW Lower Maguduza Hydropower Project. The project was sponsored and developed by African Clean Energy Developments (Pty) Ltd (“ACED”) with the African Infrastructure Investment Managers (“AIIM”) managed IDEAS Fund and the Eswatini Public Service Pensions Fund (“PSPF”) as shareholders. ACED will continue to provide construction […]

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