Norton Rose Fulbright South Africa advises Prescient Investment Management in relation to the 108MW Witberg Wind Farm
South Africa | Press release - Business | December 2023
A Banking & Finance team from our South African offices, led by Izak Lessing, advised Prescient Investment Management Limited (acting as agent on behalf of Prescient Clean Energy and Infrastructure Debt Fund) in relation to a secured facility provided to Witberg RROT Proprietary Limited as borrower. The facility will be used towards, amongst other things, the construction, operation and maintenance of the Witberg Wind Farm in the Western Cape.
The Witberg Wind Farm, developed by Red Rocket South Africa (Pty) Ltd, will be the largest private wind farm constructed in South Africa, with a nameplate capacity of 108MW and a contracted capacity of 103MW.
The Norton Rose Fulbright team consisted of Izak Lessing (Director), Angela Paschalides (Associate) and Josh Da Costa (Candidate Attorney).
