Germany, Jan. 12 -- DEG is arranging the largest syndication in its history, with a loan to FirstRand Bank. Together with partners Proparco and FMO, it is facilitating financing for renewable energies and strengthening local investment by German companies.DEG is providing South Africa's FirstRand Bank with a syndicated loan of USD 300 million to finance investments in renewable energies and to support German companies. Its own share of the loan amounts to USD 100 million, making this the largest syndication in DEG's history to date. The other investors are the development finance institutions FMO from the Netherlands and Proparco from France, which are contributing USD 100 million each.The financing supports the Just Energy Transition proce...