SunCentral 1
| Name | SunCentral 1 |
| Country | South Africa |
| MW | 342 MW |
| Status | Planning |
| Type | On-Grid |
| EPC | SolarAfrica Energy, Sappi Southern Africa |
| Off-taker | |
| Cost | $98,000,000.00 |
| Technology | PV |
| Owner | SolarAfrica Energy |
Financing Structure
| Organization | Financing Instrument | Amount |
|---|---|---|
| Investec | Debt | $49,000,000.00 |
| AIIM | - | $0.00 |
| Rand Merchant Bank (RMB) | Debt | $49,000,000.00 |
| Helios Investment Partners | - | $0.00 |
Updates
SolarAfrica reached final close of $98 Million for SunCentral Solar Project with RMB Investment
2025-02-24
| Organization Name | Role | Amount | Financing Instrument | Status |
|---|---|---|---|---|
| AIIM | Financier | - | - | Planning |
| Rand Merchant Bank (RMB) | Financier | $49,000,000.00 | Debt | Planning |
| Helios Investment Partners | Financier | - | - | Planning |
Sappi Southern Africa Secures Renewable Energy Supply Through Five-Year PPA with Enpower Trading
2025-02-14
| Organization Name | Role | Amount | Financing Instrument | Status |
|---|---|---|---|---|
| Sappi Southern Africa | EPC Contractor | - | - | Planning |
Investec and SolarAfrica achieve financial close for SunCentral 1 Solar Project
2024-12-18
| Organization Name | Role | Amount | Financing Instrument | Status |
|---|---|---|---|---|
| Investec | Financier | $49,000,000.00 | Debt | Planning |
| SolarAfrica Energy | Owner, EPC Contractor | - | - | Planning |