Lesedi & Letsatsi receive Deal of the Year Award

The renowned Project Finance International magazine has awarded the Lesedi & Letsatsi transactions with the 2012 African Renewables Deal of the Year Award. Kensani Eaglestone Capital Advisory (Pty) Ltd acted as financial adviser on the two 75-megawatt (MW) solar photovoltaic (PV) projects in South Africa which achieved financial close on 13th November 2012. The Lesedi and Letsatsi projects will jointly cost approximately ZAR 5.15 billion, or USD 594 million, making this one of the largest project finance transactions ever completed in South Africa and one of the largest renewable energy projects in Africa.