Nedbank Corporate and Investment Banking has structured an R8.5 billion funding package for the Anthem Group, supporting one of the largest South African-owned independent power producers (IPPs) — a vote of confidence in private-sector electricity ahead of new grid investment cycles.
The Deal
- Nedbank CIB structures R8.5bn package for Anthem Group
- One of SA’s largest domestically-owned IPPs
- Comes amid renewed SA grid + IPP investment momentum
Why It Matters
- Big capital signal for SA independent power
- Reinforces Nedbank’s project-finance franchise
- Adds to Standard Bank’s R517bn-led JSE banking story
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