Eskom eyes green funds to ease crippling debt
CEO André de Ruyter points to refinancing solution
22 October 2020 - 18:58
Eskom is working on a green deal that could not only bring clean power alternatives online but also help alleviate its crippling R488bn debt burden.
The state-owned monopoly utility with its ailing operations and deteriorating finances has been pinpointed as one of the biggest risks to the SA economy, not least because of its enormous debt. A solution to its debt is yet to be announced, even as Eskom moves to unbundle itself into three business units...
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