Chariot Ltd (AIM:CHAR, OTC:OIGLF) chief financial officer Julian Maurice-Williams takes Proactive's Stephen Gunnion through two major announcements from the company's renewable division. The first announcement covers the financing closure of Etana Energy, Chariot’s electricity trading joint venture in South Africa. The financing totals $175 million, with backing from institutions like Norfund and Standard Bank, Africa's biggest bank. Maurice-Williams explained, “Etana is fully funded, and this strengthens its balance sheet, making it bankable and creditworthy.” The second update is a power purchase agreement for a 75-megawatt solar project in South Africa, with electricity to be traded through Etana. This project, set for construction in Q2, was enabled by the guarantee financing secured by Chariot. Maurice-Williams emphasised that these developments mark “two big steps forward for our renewable division towards first revenues.” Chariot expects further renewable projects to reach financial close soon, expanding both its trading and generation revenue streams. The company also continues advancing its oil and gas projects in Morocco and other African markets, with updates expected in the near future. For more updates from Chariot Ltd and other companies, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe, and turn on notifications for future content. #ChariotLtd #RenewableEnergy #EtanaEnergy #SolarPower #EnergyInvestment #SouthAfricaEnergy #CleanEnergy #FinancialNews #Investing #ProactiveInvestors