Our products

AFD Green Energy Fund

FUND SIZE: R1 BILLION (On-balance sheet)

Objective

To provide finance to renewable energy and energy efficiency projects of smaller scale and manufacturing of Green products in South Africa.

Qualifying Criteria

Renewable Energy (RE):

    • Solar and biomass; and
    • Other technologies are considered on a case by case basis.

Energy Efficiency (EE):

    • A maximum of 200% increase in production capacity is allowed for expansion projects; and
    • Greenfield operations are considered on a case by case basis.
  • AFD funds are blended at a leverage level of at most 50% funding from IDC; and
  • No refinancing.

Instruments and Pricing

  • Total investment cost not higher that 25% of the Facility (ca R250 million per project);
  • Normal risk pricing with a cap of Prime + 2.8% or an equivalent fixed rate;
  • Minimum investment period of 3 years;
  • Maximum payback based on energy savings of 8 years; and
  • Standard IDC fees apply.

Contacts for more information

Call Centre: 086 069 3888
Email: callcentre@idc.co.za

Contact Us

Our sectors

Our strategic business units work in three distinct areas: the services sector; within the mining and manufacturing sector; and in the agro-processing and new industries environment. MORE >

Our regional support

We make an impact across the country, helping develop new business, growing existing companies, boosting local economies and providing expertise wherever needed. MORE >

Annual report

Advancing Industrial Development covers our financial and non-financial strategy and performance aspects for 2015. MORE >

Our products

We offer a wide range of products from debt equity to providing working capital and equipment finance. MORE >

Our research

Stay informed and read our award-winning research reports, as our team keep tabs on the economic trends globally, regionally and locally. MORE >

Corporate responsibility

We are playing our part in improving the quality of life of all our communities, especially in rural and underdeveloped areas. MORE >

Doing business with us

This is your one-stop-shop where you can engage with us directly via our e-services. MORE >

Domestic Medium Term Note Programme

The Industrial Development Corporation of South Africa Ltd has established a ZAR15,000,000,000 Domestic Medium Term Note Programme (as amended and updated on 17 July 2012). You can read the memorandum here. MORE >

Report Fraud     Email idc@tip-offs.com     Call 0800 30 33 36     SMS 39640

PAIA Manual | Terms and Conditions | Employee Webmail | Contact us | Sitemap
© The IDC 2016, ALL RIGHTS NOT EXPRESSLY ALLOWED ARE RESERVED. P.O. Box 784055, Sandton, 2146, South Africa