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Deal Micro-Teaser

200MW Solar PV + 400MWh BESS in South Africa - Early Development

200 MWp bifacial tracker solar PV plant with 400 MWh battery storage in Mpumalanga Province, South Africa, near major industrial offtakers. Land: Executed option to lease agreements secured. Grid: Primary route via 400/132kV substation 4km from site (under construction, completion 2027). Grid application to be submitted 2027. Permitting: EIA in progress, targeting 2028 approval. Offtake: EoI from AA- rated aggregator. Target tariff $0.063/kWh. Transaction: Seeking $21m for 25% equity pre-FC plus $12.5m mezzanine at FC (late 2028/early 2029). 60% equity arranged.
Technology
Solar PV - Utility-scale
Country

South Africa

Deal Stage

Early Stage

Company experience with Solar PV - Utility-scale
South African renewable energy developer and consortium partner with combined 2000+ MW utility scale renewable energy project experience across South Africa and international markets. Team has 65+ years combined experience covering wind and solar projects in Africa, Middle East, and Europe.
Deal Is Seeking

Equity

Capital Required (USD Equiv.)

$34M

  • Financial Model available
  • This deal is open to being acquired
  • This deal is open to speaking with advisors
  • Open to Investor choosing EPC
  • Proposed Funding Structure
    Equity
  • Equity already arranged60%
  • Equity yet to be raised40%
  • Debt already arranged0%
  • Debt yet to be raised0%
Use of Funds
EPC turnkey contract (modules, trackers, inverters, BoP), 132 kV grid connection infrastructure, development cost reimbursement & premium, land lease option agreement fees, insurance, owner’s engineer, project implementation team, legal cost, contingencies, working capital buffer and reserve-account seeding.
Generation Capacity

200MWp

Annual Electricity Production

475000 MWh/pa

Interested? Introduce yourself

  • Deal Is Seeking:Equity
  • Introduce yourself to the:Owner
  1. Submitted By Project Owner
  2. Early Access
  3. Accepting introductions
  4. Closed

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