Denham to continue backing BioTherm

South African independent power producer BioTherm Energy has secured financial backing for its next series of renewable energy projects under Round 4 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). Energy and resources-focused global private equity firm and BioTherm backer Denham Capital said in a statement on Monday that BioTherm, which had successfully constructed and operated 49 MW of wind and solar projects in South Africa, was named the preferred bidder for another four wind and solar projects, totalling 284 MW.