Select Country
Don’t have your Nedbank ID yet?
Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.
Log in
Log in to Online Banking or another one of our secured services.
Awards
Deals
Women of CIB
Young Analyst Programme
Articles
- Africa's pathway to a climate-resilient economy | Nedbank CIB
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
- National Contributor empowers FURTHER IMPACT entrepreneurs
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking down barriers for energy transition in mining
Conferences | Nedbank CIB
Research
- Investor research
- Investor-research
- How loadshedding impacts inflation | Nedbank CIB
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
Corporate Finance
Financing
Investing
Markets
Transacting
- Login & Register
- Online Banking
- Online Share Trading
- NedFleet
- Register for Nedbank ID
- About us
- Awards
- Deals
- Explore About us
- Awards
- Nedbank Corporate and Investment Banking leads the structuring, negotiation, and execution of a multi-billion rand financing deal for Envusa Energy.
- Women of CIB
- Young Analyst Programme
- Articles
- Africa's pathway to a climate-resilient economy | Nedbank CIB
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
- National Contributor empowers FURTHER IMPACT entrepreneurs
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking down barriers for energy transition in mining
- Africa's pathway to a climate-resilient economy | Nedbank CIB
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
- National Contributor empowers FURTHER IMPACT entrepreneurs
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking down barriers for energy transition in mining
- Conferences | Nedbank CIB
- Healthcare conference | Nedbank CIB
- African Mining Indaba | Nedbank CIB
- COP 28 | Nedbank CIB
- South Africa (SA) Auto Week | Nedbank CIB
- IHS Affordable Housing Conference | Nedbank CIB
- Africa Energy Forum | Nedbank CIB
- Healthcare conference | Nedbank CIB
- African Mining Indaba | Nedbank CIB
- COP 28 | Nedbank CIB
- South Africa (SA) Auto Week | Nedbank CIB
- IHS Affordable Housing Conference | Nedbank CIB
- Africa Energy Forum | Nedbank CIB
- Research
- Investor research
- Investor-research
- How loadshedding impacts inflation | Nedbank CIB
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor research
- Investor-research
- How loadshedding impacts inflation | Nedbank CIB
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Investor Research
- Corporate Finance
- Financing
- Investing
- Markets
- Transacting
- Sustainability
- Explore Sustainability
- Contact us
- Explore Contact us
Unlocking a sustainable future
Unlocking a sustainable future
Staff writer
Posted 18/03/2024 Updated 08/04/2024 2 mins
Nedbank Corporate and Investment Banking leads the structuring, negotiation, and execution of a multi-billion rand financing deal for Envusa Energy.
Nedbank Corporate and Investment Banking is proud to announce its instrumental role in closing a groundbreaking multi-billion rand financing deal for Envusa Energy, an innovative energy trading platform that is set to redefine the energy landscape.
This transformative project signifies a monumental leap for Anglo American, positioning it at the forefront of the southern Africa's decarbonisation journey.
Nedbank CIB took centre stage and played a pivotal part in shaping and executing this historic endeavour, assuming critical roles as co-mandated lead arranger, lender, hedge provider, coordinating bank, technical bank, insurance bank, facility agent and account bank.
The financing facilitates the initial phase of renewable energy projects for Envusa Energy, dedicated to helping Anglo American in its transition to renewable energy solutions. The 1st phase includes solar and wind projects with a total capacity of 520 MW, underscoring Nedbank’s commitment to sustainable and inclusive growth across the continent.
Amith Singh, Head of Energy Finance at Nedbank CIB, concludes: 'Envusa Energy represents a landmark deal that exemplifies our dedication to driving sustainable and inclusive growth across Africa. By supporting clients in their transition to a low-carbon economy, we play a pivotal role in the ongoing journey towards cleaner energy solutions.’
Energy transition offers a unique opportunity to generate substantial new economic opportunities as part of South Africa’s journey towards an inclusive, sustainable, and low-carbon economy. With Anglo-American progressing towards a low-carbon future, the impact on local communities is expected to be substantial. These projects will result in considerable electricity cost savings to Anglo's operations compared to existing tariffs, and will have a significant positive impact on local communities across southern Africa.
Nolitha Fakude, Chair of Anglo American’s Management Board in South Africa and Envusa Energy, expressed her delight at the strides made in priming Envusa Energy for enduring success as a leading renewable energy entity in South Africa. The attainment of financial closure for these 3 premium renewable energy projects is a fundamental moment in Anglo American’s global decarbonisation efforts and strengthens South Africa’s resolve for a robust, resilient and clean-energy future.
The portfolio of solar and wind projects, supported by Nedbank CIB, positions Anglo American as a frontrunner in sustainable mining practices.
As the wheels of progress turn, Nedbank CIB stands as a catalyst for positive change, leading the charge towards a greener and more sustainable future for southern Africa.
Related posts
See allNedbank CIB closes R1,3 billion finance deal for Intertoll’s 50% acquisition of Bombela
Nedbank CIB has successfully closed R1,3 billion of acquisition finance facilities to support Intertoll International Holdings B.V. (Intertoll) in purchasing a 50% equity stake in Bombela Concession Company (RF) (Pty) Ltd (BCC).
By Staff writer
Published 19 May 2023 in nedbank:cib/deals/finance
![card icon]( /content/dam/nedbank/cib/may/Gautrain.jpg)
Nedbank CIB closes R1,3 billion finance deal for Intertoll’s 50% acquisition of Bombela
Nedbank CIB has successfully closed R1,3 billion of acquisition finance facilities to support Intertoll International Holdings B.V. (Intertoll) in purchasing a 50% equity stake in Bombela Concession Company (RF) (Pty) Ltd (BCC).
Staff writer
Published 19 May 2023
NCIB plays key role in SA Corporate’s acquisition and subsequent delisting of Indluplace
Nedbank Corporate and Investment Banking (CIB), recently played a pivotal role in the successful acquisition and subsequent delisting by SA Corporate Real Estate Limited (“SA Corporate”) of Indluplace Properties Limited (“Indluplace”). Acting through our Corporate Finance team, CIB served as the exclusive corporate advisor and transaction sponsor in the transaction, which involved the integration of Indluplace Properties Limited ("Indluplace") into SA Corporate's portfolio.
By Staff writer
Published 29 Aug 2023 in nedbank:cib/deals/property
![card icon]( /content/dam/nedbank/cib/cityscape/GettyImages-90106904.jpg)
NCIB plays key role in SA Corporate’s acquisition and subsequent delisting of Indluplace
Nedbank Corporate and Investment Banking (CIB), recently played a pivotal role in the successful acquisition and subsequent delisting by SA Corporate Real Estate Limited (“SA Corporate”) of Indluplace Properties Limited (“Indluplace”). Acting through our Corporate Finance team, CIB served as the exclusive corporate advisor and transaction sponsor in the transaction, which involved the integration of Indluplace Properties Limited ("Indluplace") into SA Corporate's portfolio.
Staff writer
Published 29 Aug 2023