https://newsletter.en.creamermedia.com
Business|Energy|Power|Renewable Energy|Renewable-Energy|Resources|Solar|System
Business|Energy|Power|Renewable Energy|Renewable-Energy|Resources|Solar|System
business|energy|power|renewable-energy|renewable-energy-company|resources|solar|system

Commission approves Volo’s acquisition of shares in Solar Capital De Aar

3rd July 2023

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

The Competition Commission has unconditionally approved investment holding company Volo’s acquisition of shares in Solar Capital De Aar from the Public Investment Corporation.

Solar Capital De Aar is a special-purpose company whose sole business is to operate as an independent power producer. The company is a participant in the Department of Mineral Resources and Energy’s Renewable Energy Independent Power Producer Procurement Programme, which is aimed at bringing additional megawatts onto the country’s electricity system through private sector investment in solar, wind, biomass and small hydro, among others.

"The commission found that the proposed transaction is unlikely to result in substantial prevention or lessening of competition in any relevant markets. The commission further found that the proposed transaction does not raise substantial public interest concerns," it said in a statement.

To watch Creamer Media's latest video reports, click here
 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

 

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.21 0.309s - 191pq - 2rq
Subscribe Now