Investments made by BII in this company:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $50m | Southern Africa | Infrastructure | December 2024 | Active |
Etana Energy (Pty) Ltd
Enabled by government’s steer towards power sector deregulation, Etana Energy is a newly formed South African energy trading company that will deliver clean, affordable energy for commercial users from its portfolio of wind and solar independent power producers (IPPs). Etana’s strategy of leveraging the energy wheeling model to aggregate privately generated power for commercial sale will facilitate the uptake of green energy and help to accelerate South Africa’s decarbonization. It will also bolster private sector investment in the sector and create a pathway to a competitive open market.