Projects2019-02-26T08:14:40+00:00

Projects

GRI Wind Towers

GRI Wind Towers TRANSACTION OVERVIEW Hulisani made an indirect acquisition of 25%, in GRI, a producer of wind towers to the global market for R82.5 million.   BACKGROUND  Hulisani and Pele Green Energy (Pele) established an incorporated joint venture, Pele SPV13, held equally by each of them; The joint venture company acquired a 25% shareholding in GRI [...]

Khanyisa Power Station

Khanyisa Power Station Coal producer Anglo American Thermal Coal’s (AATC’s) Khanyisa power project would be the first South African project of its kind using circulating fluidised-bed (CFB) technology, AATC project manager Julian Eslait said at a Fossil Fuel Foundation fluidised-bed combustion and gasification workshop, held in Johannesburg. The Khanyisa power project involves the building of a [...]

Rustmo Solar PV

Rustmo Solar PV TRANSACTION OVERVIEW In June 2017, Hulisani acquired Momentous Technologies, a holding company with its asset being a 66% shareholding in the RustMo1 CPV Solar Farm. BACKGROUND  Hulisani purchased 100% of the issued share capital in Momentous Technologies; Momentous Technologies owns 66% of the issued share capital in RustMo1 Solar Farm; [...]

uMhlaba

uMhlaba Transaction Overview During the year under review, Hulisani incorporated a new venture focused primarily on accessing land lease cash flows from IPPs in an innovative and unique manner. Background Hulisani and Graysmaker (Pty) Ltd established an incorporated joint venture, uMhlaba, held 90% by Hulisani uMhlaba identifies, funds and commercialises land leases underlying the projects that are [...]