Lekela celebrates financial close on two wind power projects in South Africa

lekellaLekela, the renewable power generation company that delivers utility-scale projects across Africa, has successfully reached financial close on two further wind power projects in South Africa

The Kangnas and Perdekraal East wind power projects together will add 250MW of clean, reliable power to South Africa’s grid. Construction will shortly begin on the wind farms, with the projects expected to be fully operational in under 28 months.

Situated in the Northern Cape close to the town of Springbok, Kangnas is a 140MW project of 61 wind turbines. Perdekraal East will comprise 48 wind turbines and is a 110MW project located in the Western Cape close to the town of Touwsrivier.

Both projects are set to use Siemens wind turbines of a 108-metre rotor diameter and a 115 MM hub height. The projects are part of the fourth round of the South African government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) and support the country’s renewable energy strategy. The total cost for both projects is approximately US$515mn.

As part of Lekela’s strategy to create long-term value for the communities in which it operates, extensive social investment programmes in the local areas have begun. The core focus of these programmes is to create sustainable livelihoods for communities by investing in social and economic development.

During peak construction, around 400 employment opportunities will be created for each project, developing important skills and knowledge in the local communities and enabling improved employment prospects.

Presently, the company’s pipeline consists of more than 1,300MW across projects in Egypt, Ghana and South Africa, as well as Senegal’s first utility scale wind farm which is soon to reach financial close.

Chris Antonopoulos, CEO at Lekela, commented, “As the demand for clean, reliable power increases in African countries, bringing renewable energy online quickly becomes more crucial. Reaching financial close on both these projects marks the latest milestone in our journey to harness Africa’s abundant renewable energy on the continent for the lasting benefit of its communities.”

“Looking ahead, we expect to see construction start on wind projects in Senegal and Egypt before the end of the year as well. What we learn and develop from our portfolio here in South Africa, we can share with governments interested in renewable energy elsewhere in Africa. This knowledge sharing is key to accelerating the adoption of clean, reliable power on the continent.”

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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