South Africa Mainstream Renewable Power Kangnas Wind Farm #45884

Lekela Power BV

Parent company

Lekela Power serves as the parent company and a key investor in the Kangnas Wind Farm project. Lekela is a renewable energy company focused on delivering utility-scale projects across Africa. In the Kangnas Wind Farm, Lekela oversees the development, ownership, and operation of the wind farm, ensuring the project meets its clean energy goals.

Kangnas Community Trust

Parent company

Kangnas Renewable Energy Community Trust is a non-profit entity. Its goal is to ensure that the benefits of the Kangnas Wind Farm project directly reach local communities, providing socio-economic support and ensuring equitable participation through share ownership in the project, financed by the main partners of the wind farm.

Mainstream Renewable Power

Parent company

Mainstream Renewable Power is the operator of the Kangnas Wind Farm project and also plays a significant role as an investor. Based in Ireland, Mainstream is a global leader in developing large-scale wind and solar energy projects. In the case of Kangnas Wind Farm, Mainstream not only oversaw the development but is also responsible for its ongoing operation and asset management.

H1 Holdings

Tertiary investor/lender

H1 Holdings is a tertiary financier in the Kangnas Wind Farm project. It is a South African, black-owned investment company that focuses on the energy sector. In this project, H1 Holdings plays a significant role by providing financial support, which contributes to the development and operation of the wind farm.

Old Mutual Life Assurance

Tertiary investor/lender

Old Mutual Life Assurance Company (South Africa) is a tertiary financier in the Kangnas Wind Farm project. As one of Africa's largest independent investment managers, Old Mutual plays a significant role by providing financial backing to support the project. Their involvement ensures the necessary capital for both the development and long-term operations of the wind farm.

African Infrastructure Investment Managers (Pty) Ltd

Tertiary investor/lender

African Infrastructure Investment Managers (AIIM) is a key tertiary financier in the Kangnas Wind Farm project. Through the South African Renewable Energy Fund (SAREF), AIIM provides financial support for renewable energy initiatives in South Africa. In the Kangnas Wind Farm project, AIIM's involvement ensures access to capital for construction and operational phases, contributing to the project's goals of delivering clean energy and local economic benefits. Their investment helps drive the development of sustainable infrastructure across the region, furthering AIIM’s commitment to renewable energy in Africa​.

African Rainbow Energy and Power (AREP)

Tertiary investor/lender

African Rainbow Energy and Power (AREP) is a tertiary financier in the Kangnas Wind Farm project. As a South African clean energy company, AREP is committed to supporting renewable energy projects. Through its investment in the Kangnas Wind Farm, AREP contributes both financial resources and sector-specific expertise. This involvement helps facilitate the development of sustainable energy infrastructure while promoting socio-economic benefits in local communities.