HomeIndustry SectorsGenerationThree SA wind farms to begin construction

Three SA wind farms to begin construction

Three wind farms have reached financial close and will commence construction this month in Namakwa Northern Cape, Global wind and solar company Mainstream Renewable Power reported.

According to Creamer media, this follows the third round of bidding under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and the projects will have a combined capacity of 360MW with an investment of ZAR9 billion ($766 million).

Wind projects:

  • 140 MW Khobab located in Namakwa
  • 140 MW Loeriesfontein located in Namakwa
  • 80 MW Noupoort wind farm located in Umsobomvu

Murray & Roberts and the CONCO group have been selected to oversee the construction and Siemens Wind will supply and install the wind turbines.

Other equity participants:

  • Actis, through itsActis Energy 3 Fund
  • Thebe Investment Corporation
  • Old Mutual’s IDEAS Managed Fund
  • Futuregrowth Asset Management
  • Genesis Eco-Energyin partnership with Lereko Metier Sustainable Capital and local community trusts.

Debt support & Legal advisors

  • Barclays
  • TheDevelopment Bank of Southern Africa
  • Simmons& Simmons
  • Bowman & Gilfillan
  • Fasken Martineau (sponsor legal counsel)
  • Stoel Rives (sponsor legal counsel)
Nicolette Pombo-van Zyl
As the Editor of ESI Africa, my passion is on sustainability and placing African countries on the international stage. I take a keen interest in the trends shaping the power & water utility market along with the projects and local innovations making headline news. Watch my short weekly video on our YouTube channel ESIAfricaTV and speak with me on what has your attention.

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