Name and Location
Cookhouse wind power project, Eastern Cape, South Africa.

Client
The project is owned by a consortium of African infrastructure investors, including Apollo and African Infrastructure Investment Fund 2, both advised by African Infrastructure Investment Managers – a joint venture between Old Mutual Investment Group SA (OMGISA) and Macquarie Group of Australia; the Infrastructure, Developmental and Environmental Assets Managed Fund (IDEAS), managed by OMIGSA; AFPOC and the local communities of Cookhouse, Bedford, Somerset East and Adelaide through their ownership in the Cookhouse Wind Farm Community Trust.

Project Description
The Cookhouse wind farm is located between Cookhouse and Bedford, in the Eastern Cape.

The wind farm will be the largest in Africa, consisting of 66 Suzlon 2.1 MW turbines, with an installed capacity of 138.6 MW, enough to power about 145 000 low income homes.

Value
The value of the project is estimated at R2.4-billion, which is financed by Standard Bank of South Africa, Nedbank and Futuregrowth Asset Management.

Duration
Construction started in early February 2013.

Power is expected to be supplied to the Eskom grid by the second quarter of 2014.

Latest Developments
The first consignment of 16 turbines destined for the Cookhouse wind farm arrived at Coega, near Port Elizabeth, in the Eastern Cape on April 8, 2013.

The arrival of these turbines, featuring 44-meter-long blades, is the very first under the Department of Energy’s Renewable Energy Power Producer Procurement Programme announced in 2010.

Key Contracts and Suppliers
African Clean Energy Developments (wind farm development); Standard Bank of South Africa, Nedbank and Futuregrowth Asset Management (finance); Suzlon Wind Energy South Africa (main contractor); and Globeleq, Afpoc, AIIF2, and IDEAS (construction equity).

On Budget and on Time?
Too early to state.

Contact Details for Project Information
Suzlon, tel +91 20 4012 2000, fax +91 20 4012 2100/2200 or email suzloncorpcomm@suzlon.com.
AFPOC, tel +949 436 2939, fax +949427 2905 or email office@afpoc.org.
Macquarie investor relations, tel +61 2 8232 5006, fax +61 2 8232 6346 or email macquarie.shareholders@macquarie.com.
Old Mutual media contact Suzanne van Schoor, tel +27 21 504 4390 or
media consultant Lisette Lombard, tel +27 21 509 3318.
Globeleq media enquiries, tel +44 20 7 234 5400, fax +44 20 7 234 5486
or email info@globeleq.com.
IDC, tel +27 11 269 3000, fax +27 11 269 3116 or email callcentre@idc.co.za.
Standard Bank investor relations, Linda Dodgen, tel +27 11 636 5039 or
email investorrelations@standardbank.co.za.
Nedbank head of investor relations Alfred Visagie, tel +27 11 295 6249,
cell +27 82 855 4692 or email alfredv@nedbank.co.za; or investor relations consultant Penny Him Lok, tel +27 11 295 6549, cell +27 82 781 1888 or email pennyH@nedbank.co.za.
African Infrastructure Investment Managers, Thor Corry, tel +27 21 670 1215 or email Thor.Corry@aiimafrica.com.