RMB Secures US$ 0.28 billion (R4.45bn) Funding to Back Reatile Group’s Energy Growth
- brg_news_room
- 4 hours ago
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SOUTH AFRICA: Rand Merchant Bank (RMB) has finalised a US$ 0.28 billion (R4.45 billion) funding package to support South Africa-based Reatile Group’s expansion across the energy sector, including gas, petrochemicals, fuel storage and renewables. The financing, announced on 5 February 2026, includes a US$ 0.21 billion (R3.35 billion) holding company facility and a US$ 0.07 billion (R1.1 billion) ring-fenced portion dedicated to Reatile’s renewable energy platform. The black-owned investment company, fully Level 1 B-BBEE certified with significant female ownership, aims to advance a project pipeline targeting around 6 GW of clean generation capacity. Reatile has a history of acquisitions and energy project development and maintains strong industry relationships. The deal reflects growing bank support for private power and energy platforms in South Africa following recent regulatory reforms.
Source: Green Building Africa
