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Mahlako News

Mahlako Financial Services announces a first of its kind R1,5Billion Energy Fund

Johannesburg, 7 April: Energy growth is causally linked to the well-being and prosperity of a nation. Recognising the energy infrastructure gap in South Africa and the need to transform the sector, today Mahlako Financial Services, a subsidiary of the Mahlako a Phahla Investments, announces its maiden R1,5 billion energy fund that seeks to invest in businesses and energy projects with great growth potential along the entire value chain.

NERSA approves flagship energy wheeling project for Amazon

A flagship renewable energy project, commissioned by Amazon, is set to demonstrate the flexibility and convenience of procuring independent power through the electricity grid. The project will see 28 GWh of solar energy wheeled via Eskom’s utility grid from a solar farm in the Northern Cape to Amazon’s facilities each year.

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