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Globeleq increases stake in SA renewables projects

By:  
Contributing Editor Online
 
RENEWABLE ENERGY
Electricity generation project developer, owner and operator Globeleq has increased its shareholding in the Jeffreys Bay Wind Farm, as well as in the De Aar Solar and Droogfontein Solar projects in South Africa by acquiring Mainstream Renewable Power’s minority shareholdings in the three projects.  Globeleq will fund the acquisition through a mix of internal funds and available credit facilities. 
 
 
 
 
 

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