Castle Wind Farm, South Africa
Name of the Project
Castle Wind Farm.
Location
De Aar, in the Northern Cape, South Africa.
Project Owner/s
The Castle Wind Farm will be built and operated by a consortium comprising African Infrastructure Investment Managers (AIIM), through its renewable-energy project development and delivery platform African Clean Energy Developments, and Reatile Renewables.
Rand Merchant Bank, a division of FirstRand Bank Limited, is the sole mandated lead arranger for the project.
Project Description
The 89 MW Castle Wind Farm will supply renewable energy to Sibanye-Stillwater’s South African mining operations through an Eskom wheeling agreement.
Potential Job Creation
Not stated.
Capital Expenditure
The wind farm will be funded by the consortium, under the terms of the 15-year power purchase agreement (PPA) signed with Sibanye.
Planned Start/End Date
Commercial operation is expected in early 2025.
Latest Developments
Sibanye concluded its first PPA and achieved financial close on the Castle Wind Farm in
May 2023.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
AIMM, tel +27 21 670 1234 or email info@aiimafrica.com.
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