RMB and Sturdee Energy power up partnership to tackle SA’s energy crisis

RMB has partnered with Sturdee Energy to help it grow its business in the Southern African renewable energy sector.

1. RMB’s equity investment in Sturdee will give the IPP the firepower to further build out its immediate pipeline of 175 MW.
2. RMB will work to aid in growing Sturdee’s footprint in South and sub-Saharan Africa.
3. The ultimate goal of the partnership is to help Sturdee become a prominent South African-owned IPP in the region.
4. RMB points out that Sturdee needed an Africa-focused investor to support its sub-Saharan Africa growth strategy.
5. The bank says that it is committed to being an integral part of resolving South Africa’s energy challenge.