FirstRand Limited (1 Jul 2023 to 31 Dec 2023)

Signing Date 13 Jul 2009
Region of Headquarters: Middle East & Africa
Current EPFI Reporting Year/Period: 1 Jul 2023 to 31 Dec 2023
Institutional Reporting: Link to Report - Link to Additional Report

 

Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.

Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.

Project Finance Advisory Services

Total number mandated in the reporting period: 0

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 14

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 1
Oil & Gas
Power 8
Others 1 4
Region
Americas
Europe, Middle East & Africa 9 5
Asia Pacific
Country Designation
Designated Country 4
Non Designated Country 9 5
Both
Independent Review
Yes 9
No 5
Totals 9 5
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.

Project-related Refinance & Project-related Acquisition For Project Finance

This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)

No. Project Name Sector Project Location(s) Year of Financial Close
1 Ardagh Warehouse Others South Africa 2023
2 Project Zola Phase 2 Others South Africa 2023
3 Selebi Phikwe Solar Project Power Botswana 2023
4 Umoyilanga Energy RMI4 Power South Africa 2023
5 Witberg Wind Project Power South Africa 2023
6 Transpharm Warehouse Others South Africa 2023
7 Springbok Solar Project Power South Africa 2023
8 Envusa Power South Africa 2023
9 Meyerton Mall Others South Africa 2023
10 Oya Enerygy RMI4P Power South Africa 2023
11 Samrand Data Centre Infrastructure South Africa 2023

Number of projects that were not disclosed as per the disclosure conditions specified in Annex B of the Principles: 3

Under EP4, project name reporting is required for Project Finance transactions that have reached Financial Close and encouraged for Project-Related Corporate Loans that have reached Financial Close.

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 3

Equator Principles Category A1 B2 C3
Sector
Mining
Infrastructure 2 1
Oil & Gas
Power
Others
Region
Americas
Europe, Middle East & Africa 2 1
Asia Pacific
Country Designation
Designated Country 4
Non Designated Country 2 1
Both
Independent Review
Yes 2 1
No
Totals 2 1
1

Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.

2

Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.

3

Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.

4

Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.

Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans

This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)

No. Project Name Sector Project Location(s) Year of Financial Close
1 Tanzania Standard Gauge Rail Lot 3 and 4 Infrastructure Tanzania 2023
2 Trans-Caledon Tunnel Authority’s (TCTA) bulk water augmentation project Infrastructure South Africa 2023
3 Indorama Eleme Line III Infrastructure Nigeria 2023

Implementation of the Equator Principles

FirstRand´s EP Implementation Reporting is detailed in their Environmental and Social Risk Performance report available at: FirstRand_report-to-society_2023