Khangela 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:
Khangela 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:
Khangela Emoyeni Wind Farm (RF) (Pty) Ltd – the shareholders are AIIM, through the IDEAS Fund, and the Reatile Group (Pty) Ltd with RMB as sole Mandated Lead Arranger for the project.
Capacity:
A 20-year power purchase agreement has been signed with NYSE-listed Rio Tinto’s Richards Bay Titanium (Pty) Ltd for the supply of 140MW wind powered renewable energy for Rio Tinto’s South African smelting operations, through a wheeling arrangement with Eskom.
Status:
The project began construction after reaching Financial Close in May 2024, and is scheduled to be fully operational in Q4 2026.