Mainstream Renewable Power has announces the completion of financial close for two wind farms in South Africa with a combined capacity of 250MW.
A consortium led by Mainstream was awarded the contracts for the wind farms by the Department of Energy in South Africa under the fourth round of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The wind farms, which are located in South Africa’s Northern and Western Capes, represent an investment of approximately US$ 520 million and are expected to commence construction June 2018. The wind farms that have reached financial close are:
- The 140MW Kangnas Wind Farm, located near Springbok in the Northern Cape.
- The 110MW Perdekraal East Wind Farm, located 80km northeast of Ceres, in the Western Cape.