Deal #9820

South Africa
Created at
2023-01-11
Last update
2024-09-10
Last full update
2024-09-10

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • South African Department of Energy Government / state institutions (government, ministries, departments, agencies etc.)
Comment on investment chain
The project cost is $293m.The project was developed by Intikon Energy and SolarReserve. Company website indicates investors are Intikon Energy, Kensani, Solarreserve, GCL and African infrastructure investment mangers. Another states indicates ownership as follows Solar Reserve [25%]; Kensani Capital [17.5%]; Oakleaf Investment Holdings [50%]; Community Owned - Letsatsi Community Trust [7.5%], however it is understood that this is when the bid was submitted. GRS Energy’s contract has been renewed for the operation and maintenance of the plant. Data source 3 indicates operating company as Lesedi Power Company.
Network of parent companies and tertiary investors/lenders
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Legend
  • Is operating company of
  • Is parent company of
  • Is tertiary investor/lender of