Standard Bank aims to up market share in renewable power financing
17 April 2024 - 05:00
Standard Bank, which already has a market share of more than 30% in funding the renewable independent power producer programme (REIPPP), is looking to stretch this further with the opening of bid window 7.
The government launched bid window 7 in December, targeting the development of 3,200MW of wind and 1,800MW of solar PV power. The “Big Blue’’, as Standard Bank is known in financial services circles due to the size of its balance sheet, has a market share of just over 30% in the funding of REIPPP...
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