Lets not forget the potential strategic importance of this investment from the CEF.
Now strong support from the following to help with Phase 2 funding:
1. CEF US$60m approx potential investment - South Africa govt links
2. US DFC US$500m potential loan - US Govt links
So strong support from multiple governments and customer deals with the likes of Linde, Messer, iSi Automotive and Total I believe.
Strategically the CEF deal could play a part in the recent decision by the South African government to allow other parties apart from Eskom to supply power to the grid opening up potential big opportunities for another revenue stream for Renergen's natural gas / LNG.
Ann: CEF Due Diligence Passed, page-7
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