Droogfontein 2 Solar PV Plant
Sector: Commercial • Location: South Africa
Source: World Bank Group
The project entails the construction of the 86.2MW Droogfontein 2 solar PV plant, located in the Sol Plaatje Municipality in the Northern Cape Province of South Africa.
Sponsors of the project are OMLACSA - Part of Old Mutual Group (50.01%); African Rainbow Energy and Power (15%); Phakwe Group (15%); Reatile (15%); Local Community (4.99%)
The facility benefits from a 20-year PPA with national
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project entails the construction of the 86.2MW Droogfontein 2 solar PV plant, located in the Sol Plaatje Municipality in the Northern Cape Province of South Africa. Sponsors of the project are OMLACSA - Part of Old Mutual Group (50.01%); African Rainbow Energy and Power (15%); Phakwe Group (15%); Reatile (15%); Local Community (4.99%) The facility benefits from a 20-year PPA with national Utility Eskom. The total value of the project is $124.7 million with a debt-to-equity ratio of 77:23. The debt was provided by Nedbank, Vantage GreenX Note II and Old Mutual Specialised Finance. The project achieved Preferred Bidder status under Round 4 of the REIPPP Programme in South Africa in April 2015 and has been brought to financial close in July 2018 in line with the progress of the REIPPP programme. IJGlobal |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |