AMEA Power Doornhoek PV (Pty) Ltd #46562

Created at
2024-12-02
Last update
2024-12-12

6 Parents (Involvements as child)

Name
AMEA Power
Country of registration/origin
United Arab Emirates
Classification
Private company

Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
51.00 %
Comment
AMEA Power was awarded the concession to build this solar farm under the sixth round of the South African government's Renewable Energy Independent Power Producer Procurement Programme (REIPPP).
Name
Ziyanda Energy Pty Limited
Country of registration/origin
South Africa
Classification
Private company

Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
23.25 %
Comment
Amea Power is working in consortium with local investors, including women-owned companies Ziyanda Energy ,which is a 100% female black-owned company.
Name
Dzimuzwo Consulting Pty Limited
Country of registration/origin
South Africa
Classification
Private company

Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
23.25 %
Name
Standard bank
Country of registration/origin
South Africa
Classification
Commercial Bank

Relationship
Tertiary investor/lender
Investment type
Debt financing
Comment
The $108 million financing consists of a $100 million loan from Standard Bank South Africa.
Name
The Industrial Development Corporation (IDC)
Country of registration/origin
South Africa
Classification
Semi state-owned company

Relationship
Tertiary investor/lender
Investment type
Shares/Equity
Loan amount
8 000 000
$
Comment
The Industrial Development Corporation (IDC) is contributing $8 million in the form of an equity investment in the project’s two other shareholders, South African companies Ziyanda Energy and Dzimuzwo Energy.
Name
Doornhoek Local Community Trust
Country of registration/origin
South Africa
Classification
Non - Profit organization (e.g. Church, University etc.)

Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
2.50 %

0 Children (Involvements as parent)

1 Deals (Involvements as Operating company)

Target country
South Africa
Current intention of investment
Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
Startup phase (no production)
Deal size
200 ha