Wind Energy Update: Leading Financier Rand Merchant Bank Shows Support for Onshore Wind

Rand Merchant Bank, one of South Africa’s leading banks has confirmed their sponsorship of a wind energy summit in Cape Town later this year.

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South Africa (PRWEB) February 04, 2014

In a rapidly growing market and with more than three competitive bidding rounds already underway, onshore wind in South Africa has never been so enticing to the global industry.

Confidence in this market has yet again been stressed by Rand Merchant Bank [RMB] who has confirmed their ‘gold sponsorship’ of the Wind Energy Summit South Africa (9-10 April, Cape Town). During this industry meeting, RMB will share their experience of successful financing during the round one development at Hopefield wind farm.

Sharing key insight into the project, RMB will cover bankability considerations for SA wind projects, with specific reference to the Hopefield wind farm in addition to lessons learned by financiers from rounds one and two of the Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).

Victoria Auckland, Project’s Director of the summit organiser, Wind Energy Update said, “We are delighted to announce Rand Merchant Bank as official Gold Sponsors of Wind Energy Summit South Africa. Their fantastic insight into the market in particular the bankability of projects will be very well received and has generated a lot of excitement amongst our attendees.”

The summit brings together the key decision makers of South African wind, including the National Treasury and the Department of Environmental Affairs, NERSA, Eskom, Nedbank Capital, Gestamp Wind, Siemens and Suzlon.

To find out who is speaking at Wind Energy Summit South Africa and to see the full agenda, click here: http://www.windenergyupdate.com/south-africa.


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