Cennergi Holdings The Tsitsikamma Community Wind Farm #45853

RE Times

Parent company

RE Times holds a 16% stake in the Tsitsikamma Community Wind Farm as part of the project's compliance with South Africa's Black Economic Empowerment (BEE) program. This stake ensures the inclusion of historically disadvantaged communities in the economic benefits of the project.

Tsitsikamma Community Trust

Parent company

The Tsitsikamma Community Trust holds a 9% stake in the Tsitsikamma Community Wind Farm. As a BEE partner, the Trust represents the interests of the local community, ensuring that they benefit from the economic gains of the wind farm. This includes receiving a share of the profits, which are reinvested in community development projects such as education, infrastructure, and job creation. The Trust's involvement is a critical part of the project's compliance with the Black Economic Empowerment (BEE) framework, which promotes inclusive economic participation for historically disadvantaged communities.

Cennergi (Pty) Ltd

Parent company

Cennergi (Pty) Ltd holds a 75% stake in the Tsitsikamma Community Wind Farm, making it the majority owner and operator. As a joint venture between Exxaro Resources and Tata Power, Cennergi is responsible for the management and operation of the project. The company's role includes ensuring compliance with the Black Economic Empowerment (BEE) framework, facilitating the inclusion of local communities in the economic benefits of the project, and contributing to socio-economic development through initiatives such as education and infrastructure support.

Amakhala Emoyeni RE Project 1 (RF) (Pty) Ltd

Subsidiary company