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Jul 19, 2012

Company Announcement: MetroWind’s 67 minutes for Nelson Mandela Day

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Construction|Port|Port Elizabeth|Lighting|MetroWind|MetroWind Community Trust|PROJECT|Renewable Energy|Renewable-Energy|Energy|Renewable Energy|Renewable Energy Lights|Don McGillivray|Power|Richard Baloyi
Construction|Port||Lighting|PROJECT|Renewable Energy|Renewable-Energy|Energy||Power|
construction|port|port-elizabeth|lighting|metrowind|metrowind-community-trust|project|renewable-energy|renewable-energy-company|energy|renewable-energy-industry-term|renewable-energy-lights|don-mcgillivray|power|richard-baloyi
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MetroWind (0.52 MB)
 

Two forces of nature and sources of clean, renewable energy – the wind and the sun – converged at Fitches Corner near Port Elizabeth today, bringing solar-powered street lighting to the community in celebration of Nelson Mandela Day. MetroWind, the company about to start construction of the Van Stadens Wind Farm to provide wind-sourced power to the Nelson Mandela Bay Municipality (NMBM) for the next 20 years, seized the opportunity to celebrate Madiba’s birthday by donating and installing solar street lights and thus end decades of darkness in this remote, rural community.

In a ceremony at Fitches Corner lasting a symbolic 67 minutes, guests were briefed about the community development plans of the MetroWind Community Trust (MCT), a shareholder in the MetroWind Van Stadens Wind Farm, and taken on a short tour of the community. The Executive Mayor of the NMBM, Zanoxolo Wayile, and the Minister of Local Government, Richard Baloyi, officiated at the ceremony as the renewable energy lights were illuminated. The community and guests then enjoyed hot soup, served by the MetroWind team and donated by Port Elizabeth’s Lake Farm Care Centre as their contribution to the 67 Minutes for Mandela Campaign.

The MetroWind wind farm project is 100% South African-owned, with Black Economic Empowerment (BEE) interests of 35%. A portion of the project is owned by the MCT that was established by the project developers as a vehicle to deliver their Corporate Social Investment (CSI) programme. Over and above the dividends payable to the MCT, through its ownership in the project, a further 1.5% of annual revenue will be channeled through the MCT from commencement of operations to fund the CSI programme.

Says MetroWind director, Don McGillivray, “We wanted to mark Nelson Mandela Day in a way that would show our commitment to the community, the Trust and green, renewable energy. What better way than to bring a renewable energy light source to a community in need in the Nelson Mandela Bay Municipality?”
Construction of MetroWind’s ground-breaking, R550 million, 27MW renewable energy project is scheduled to begin during the third quarter of 2012 and is expected to start supplying power to the NMBM in the next 13 months.
 

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