{"id":265439,"date":"2025-11-13T11:36:01","date_gmt":"2025-11-13T12:36:01","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=265439"},"modified":"2025-11-13T14:03:35","modified_gmt":"2025-11-13T14:03:35","slug":"mulilo-and-cip-secure-over-r1-billion-investment-from-norfund","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/mulilo-and-cip-secure-over-r1-billion-investment-from-norfund\/","title":{"rendered":"Mulilo and CIP secure over R1 billion investment from Norfund"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a><\/p>

<\/p>\n

Mulilo, a leading South African renewable energy developer and Independent Power Producer (IPP), on Thursday announced a$75 million (over R1 billion) investment from Norfund, the Norwegian investment fund for developing countries. <\/span><\/p>\n

This strategic investment, managed through Norfund\u2019s Climate Investment Fund, marks a significant milestone in Mulilo\u2019s journey to deliver clean, reliable, and affordable energy to South Africa.<\/span><\/p>\n

The new capital injection from Norfund will further strengthen Mulilo\u2019s balance sheet and support the company\u2019s ambitious growth strategy, following the recent R7 billion corporate facility from Standard Bank, which provided a robust financial foundation for expansion. With Norfund joining Copenhagen Infrastructure Partners (CIP) and its New Markets Fund I as key shareholders, Mulilo said it is well-positioned to accelerate the delivery of 5.5 GW of its project pipeline, with financial close targeted before the end of 2027.<\/span><\/p>\n

Mulilo\u2019s CEO Jan Fourie said, <\/span><\/b>\u201cWe are delighted to welcome Norfund as a strategic partner. The support from CIP has been instrumental in positioning Mulilo as a leading IPP and attracting world-class investors. This investment is a testament to the confidence in Mulilo\u2019s vision and our proven ability to deliver large-scale renewable energy projects that advance South Africa\u2019s energy transition, support local communities, and drive sustainable economic growth.\u201d<\/span><\/p>\n

Robert Helms, a partner at CIP, said, <\/span><\/b>\u201cWe are very pleased to welcome Norfund as a strategic minority investor in Mulilo. This partnership is a testament to the strength and potential of Mulilo, and the progress achieved. Norfund\u2019s investment not only provides valuable growth capital but also brings a highly reputable, government-backed partner with deep experience in the South African energy sector. Together, we will continue to accelerate the energy transition, support local communities, and deliver strong value for our investors.\u201d<\/span><\/p>\n

Mulilo currently has 765 MW under construction and plans to add a further 1 GW to its construction portfolio in 2026. Mulilo\u2019s wind, solar and BESS projects deliver high climate impact and are expected to avoid approximately 11 million tonnes of CO<\/span>\u2082 emissions annually, power around 14 million South African households, and create significant socio-economic benefits through local job creation, education, healthcare, skills and enterprise development initiatives.<\/span><\/p>\n

BUSINESS REPORT<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Mulilo, a leading South African renewable energy developer and Independent Power Producer (IPP), on Thursday announced a$75 million (over R1 billion) investment from Norfund, the Norwegian investment fund for developing countries. This strategic investment, managed through Norfund\u2019s Climate Investment Fund, marks a significant milestone in\u00a0Mulilo\u2019s journey to deliver clean, reliable, and affordable energy to South Africa.The new capital injection from Norfund will further strengthen Mulilo\u2019s balance sheet and support the company\u2019s ambitious growth strategy, following the recent R7 billion corporate facility from Standard Bank, which provided a robust financial foundation for expansion. With Norfund joining Copenhagen Infrastructure Partners (CIP) and its New Markets Fund I as key shareholders, Mulilo said it is well-positioned to accelerate the delivery of 5.5 GW of its project pipeline, with financial close targeted before the end of 2027.Mulilo\u2019s CEO Jan Fourie said,\u00a0\u201cWe are delighted to welcome Norfund as a strategic partner. The support from CIP has been instrumental in positioning\u00a0Mulilo\u00a0as a leading IPP and attracting world-class investors. This investment is a testament to the confidence in\u00a0Mulilo\u2019s vision and our proven ability to deliver large-scale renewable energy projects that advance South Africa\u2019s energy transition, support local communities, and drive sustainable economic growth.\u201dRobert Helms, a partner at CIP, said,\u00a0\u201cWe are very pleased to welcome Norfund as a strategic minority investor in\u00a0Mulilo. This partnership is a testament to the strength and potential of\u00a0Mulilo, and the progress achieved. Norfund\u2019s investment not only provides valuable growth capital but also brings a highly reputable, government-backed partner with deep experience in the South African energy sector. Together, we will continue to accelerate the energy transition, support local communities, and deliver strong value for our investors.\u201dMulilo\u00a0currently has 765 MW under construction and plans to add a further 1 GW to its construction portfolio in 2026.\u00a0Mulilo\u2019s wind, solar and BESS projects deliver high climate impact and are expected to avoid approximately 11 million tonnes of CO\u2082\u00a0emissions annually, power around 14 million South African households, and create significant socio-economic benefits through local job creation, education, healthcare, skills and enterprise development initiatives.BUSINESS REPORT<\/p>","protected":false},"author":1,"featured_media":264950,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-265439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/265439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=265439"}],"version-history":[{"count":1,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/265439\/revisions"}],"predecessor-version":[{"id":265440,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/265439\/revisions\/265440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/264950"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=265439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=265439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=265439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}