Cennergi Raises $700 Million for South African Renewable Projects

JOHANNESBURG--June 14, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Cennergi, a new independent power producer (IPP), has raised $700 million to fund its clean energy projects in South Africa. Cennergi is a joint venture (JV) between Exxaro Resources Limited (OTC:EXXAY) (Centurion, South Africa) and Tata Communications (NYSE:TCL) (Mumbai, India).