Renewable Energy deal – Do you need Competition Authority permission?
The Department of Energy’s (DoE) Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) provides independent power producers (IPPs) with the right to operate renewable energy producing plants.
Investors must be careful when taking a controlling stake in a renewable energy project because approval by the DoE for a change of control does not absolve one from obtaining a separate approval from the competition authorities.
Marianne Wagener, Director of South African law firm, Norton Rose Fulbright, and Associate Candice Upfold, provide legal tips when exploring renewable energy projects.
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