Good news about Johann Rupert-backed electricity exchange

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 31 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 67%

Energy Exchange Of Southern Africa أخبار

Enerweb,Headline,Johann Rupert

The Energy Exchange of Southern Africa has provided an update of its operations since RMB first bought a 25% stake in the company in March 2023.

The Energy Exchange of Southern Africa has been actively trading since June 2023, Remgro has told MyBroadband.last year that it had acquired a 25% stake in Ubiquity Energy from Johann Rupert’s Remgro for an undisclosed sum.At the time, RMB infrastructure transactor Sindisiwe Mosoeu said their main interest was EXSA.

The company said EXSA has been wheeling renewable energy to several customers within Remgro’s portfolio. “While the industry is still within its nascent stages, EXSA has been able to successfully execute on trades via its trading platform,” Remgro stated. Regulatory uncertainty is also stunting larger investment into projects, with the expectation of future tariff structure changes and curtailment weighing on the industry.

It invested in companies specialising in photovoltaic technologies and installations to provide onsite backup power to companies like Mediclinic, Distell and RCL Foods.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 11. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Johann Rupert-backed electricity exchange in South AfricaThe Energy Exchange of Southern Africa sells affordable wind and solar power to South African businesses.
مصدر: mybroadband - 🏆 11. / 67 اقرأ أكثر »