Renergen gets $750m in phase 2 funding

SA helium and natural gas producer Renergen has secured $500m (R9.5bn) in debt funding from the US International Development Finance Corporation, and a further $250m from Standard Bank for the construction of phase 2 of its Virginia Gas Project in the Free State.

This will enable it to become a substantial liquefied natural gas (LNG) and helium producer in SA, which is sorely in need of energy and jobs...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Subscribe Sign in

Cancel anytime.

Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

SIGN UP

SIGN IN

Please read our Comment Policy before commenting.