Eskom considering taking on climate funds as equity injection
SA’s state power company is planning to propose that some of the funding the country secured to help tackle climate change take the form of loans to the government that could be converted to equity in the utility when needed. The arrangement would enable Eskom Holdings SOC Ltd to access the $8.5bn (R127.33bn) pledged by the US, UK, Germany, France and the EU without adding to its debt burden, a […]