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West Coast One Wind Farm

Sector: Wind • Location: South Africa

Source: World Bank Group

Project
Active

94MW West Coast One Wind Farm project, located 130km North of Cape Town, worth of US$213.4 million reached financial closure in June 2013. The sponsor consortium was led by GDF Suez (43%) and consisted of other equity sponsors or Investec (34.5%), Kagiso Tiso Holdings (20%), and a local community trust (2.5%) under state rules. This consortium was selected as a preferred bidder in May 2012 under S

Status
Prospective
Sector
Wind, Raw Materials, Power Generation (CCGT), Government, Commercial
Location
South Africa
Updated
22 Jul 2026
Source
World Bank Group

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The project “West Coast One Wind Farm” is an infrastructure initiative in the Wind sector, located in South Africa. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

94MW West Coast One Wind Farm project, located 130km North of Cape Town, worth of US$213.4 million reached financial closure in June 2013. The sponsor consortium was led by GDF Suez (43%) and consisted of other equity sponsors or Investec (34.5%), Kagiso Tiso Holdings (20%), and a local community trust (2.5%) under state rules. This consortium was selected as a preferred bidder in May 2012 under South Africa's renewables procurement programme and signed a 20-year Power Purchase Agreement (PPA) with Eskom Holdings in May 2013. This project would be funded using a mixture of debt and equity (70/30). Investec and Nedbank respectively provided the project with a US$75 million loan required for the development of the project at the financial close. GDF Suez led consortium name is not available. Sponsors to be added Kagiso Tiso Holdings (20%) www.kagiso.com/ South Africa

Original sector

Energy

Budget

Location

Country

South Africa

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Wind, Raw Materials, Power Generation (CCGT), Government, Commercial

Article published date

2024-09-26

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