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South Africa: UKCI agrees BEE focused financing

UK Climate Investments (UKCI) has announced a financing agreement worth £14m ($17m) with majority black-owned and managed renewable asset manager H1 Holdings. The financing will support development of the 140MW Kangnas wind farm in the Northern Cape, 110MW Perdekraal East wind farm in the Western Cape, and4MW Kruisvallei hydropower project in Free State.

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