Renergen signs $40m US Gov loan agreement for helium development in South Africa


Alternative and renewable energy business Renergen has today signed a $40m loan agreement with the US Government’s development finance institution.

The Overseas Private Investment Corporation (OPIC) helps American businesses invest in emerging markets.

The agreement with OPIC marks a significant milestone for Renergen as it provides access to the capital required to construct the first phase of the Virginia Gas Project in South Africa.

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