Renewable Energy Platform NOA Receives R3.2bn Boost

NOA aims to develop, finance, and operate a portfolio exceeding 2.5GW of renewable energy assets. Chief executive Karel Cornelissen said that given South Africa’s current high carbon intensity and the need to address high unemployment, poverty, and inequality, NOA could significantly balance environmental priorities with economic and social considerations.

Read more

Related Articles

AIIM to Provide R1.6bn to Support the Establishment of a Renewable Energy Platform

AIIM to Provide R1.6bn to Support the Establishment of a Renewable Energy Platform

African Infrastructure Investment Managers (AIIM) has agreed to provide initial equity funding of R1.6 billion to support the establishment of NOA Group Holdings to deliver net-zero energy solutions for Africa.
Netcare Group Partners with NOA Group

Netcare Group Partners with NOA Group

With its commitment to environmental sustainability, the Netcare Group has reached a pivotal agreement for a Renewable Energy (RE) Supply Agreement with NOA Group.