Project Investors

The De Aar Solar project is owned by a consortium dedicated to providing clean, renewable energy to the people of South Africa:

globeleq
Globeleq: Globeleq is an experienced developer, owner and operator of independent power projects in the emerging markets, with a specific focus on Africa and the Americas. The company develops economically sustainable businesses that support the continued development of the electric power sector in these regions. With assets currently in excess of US$1.3 billion, Globeleq is an independent power industry leader in the emerging markets participating in nearly 14,000 megawatts (MW) of generation capacity in more than 25 countries.
Thebe
Thebe Investment Corporation: A diversified investment management company and one of South Africa’s oldest black owned investors, established in 1992 with the vision to be a trusted world class African company that develops and invests in businesses for the long term benefit of the community and other stakeholders.
maintream
Mainstream Renewable Power is the world’s leading independent developer of renewable power, with almost 9,000MW in development and over 800MW delivered into construction and commercial operation. Mainstream was founded in 2008 by Dr Eddie O’Connor following the sale of Airtricity, a global development and supply business founded by Dr O’Connor for $2bn to E.ON and SSE. The company employs over 160 people and has offices across five continents. For more information, visit www.mainstreamrp.com.

Sibona Ilanga Trust
The Sibona Ilanga Trust: a local community trust established by the project company with the objective of carrying out public benefit activities to benefit the local community in the areas of enterprise development, education and health. Call for nomination of trustees
enzani
Enzani Technologies: An electrical & instrumentation engineering contractor which provides services in the fields of engineering design, procurement, installation, testing and commissioning of electrical & instrumentation systems.
usizo
Usizo Engineering: A consulting electrical engineering firm that specialises in project engineering & project management. Usizo is 100% Black owned.
Majority shareholder, Globeleq is jointly managing the construction of De Aar Solar Power and will play a key role as the management company during operations.