Ishwati Emoyeni Wind Farm

ACED role:

Late-stage development, leading financial close workstreams covering development, PPA negotiation, procurement, EPC and O&M negotiations, government & stakeholder interaction, arranging equity & debt financing and construction management.

Location:

Ishwati is located near Murraysburg/Richmond in the Western Cape Province and will consist of 32 Vestas V163-4.5MW turbines which will connect to the national grid via Eskom’s Gamma Main Transmission Substation.

IPP:

Ishwati Emoyeni Wind Farm (RF) (Pty) Ltd – the shareholders are AIIM, through the IDEAS Fund, and the Reatile Group (Pty) Ltd with Standard Bank as sole Mandated Lead Arranger for the project.

Capacity:

A 25-year power purchase agreement has been signed with NOA Trading Group for the supply of 140MW wind powered renewable energy. This is the first large-scale renewable energy project in South Africa to be signed with an energy trader.

Status:

The project is under construction and is scheduled to be fully operational in Q4 2026.