{"id":266747,"date":"2025-11-27T14:30:03","date_gmt":"2025-11-27T15:30:03","guid":{"rendered":"https:\/\/www.premium-partners.net\/?p=266747"},"modified":"2025-11-28T04:06:22","modified_gmt":"2025-11-28T04:06:22","slug":"exxaro-acquires-gouda-wind-farm-and-sishen-solar-facility-in-r1-8bn-deal","status":"publish","type":"post","link":"https:\/\/www.premium-partners.net\/fr\/builder\/exxaro-acquires-gouda-wind-farm-and-sishen-solar-facility-in-r1-8bn-deal\/","title":{"rendered":"Exxaro acquires Gouda Wind Farm and Sishen Solar Facility in R1.8bn deal"},"content":{"rendered":"

This post<\/a> was originally published on this site<\/a><\/p>

<\/p>\n

Exxaro <\/span>has signed a R1.8 billion agreement for the acquisition of renewable energy assets in the Northen and Western Cape as it scales its energy solutions.<\/span><\/p>\n

The acquisition has been completed through Exxaro\u2019s wholly owned subsidiary, <\/span>Cennergi<\/span>. It said on Thursday that <\/span>binding agreements <\/span>have been signed with <\/span>Acciona Energ\u00eda <\/span>for the acquisition of <\/span>the 138MW Gouda Wind Farm in the Western Cape and the 75MW Sishen Solar Facility in the Northern Cape<\/span>.<\/span><\/p>\n

Additionally, Exxaro has snapped up the co<\/span>mpany responsible for the operations and maintenance <\/span>of the two renewable energy assets that were <\/span>procured under Bid Window 2 of South Africa\u2019s Energy\u2019s Renewable Energy Independent Power Producer Procurement Programme<\/span>.<\/span><\/p>\n

The final value of the purchase is expected to range between <\/span>R1.7<\/span>bn and <\/span>R1.8<\/span>bn, with the power purchase agreement for the Sishen Solar Facility running until 2034 and that for Gouda Wind Farm slated for upto 2035.<\/span><\/p>\n

Ben Magara, the CEO of Exxaro, said<\/span> the acquisition was a \u201c<\/span>positive development in the continued iteration of our commitment to power possibility through a just and inclusive energy<\/span>\u201d<\/span> transition.<\/span><\/p>\n

\u201c<\/span>It strengthens Exxaro\u2019s position as a diversified natural resources champion, anchored by a strong coal base, a growing energy solutions business, as well as acquisitive growth in energy transition metals. Exxaro is not only investing in cleaner energy but also securing long-term, stable, and sustainable value for all our stakeholders<\/span>,<\/span>\u201d<\/span> said Magara.<\/span><\/p>\n

Gouda and Sishen <\/span>were <\/span>54.9% <\/span>controlled <\/span>by ACCIONA Energ\u00eda, 25.1% by Celenex<\/span>, a<\/span> majority owned subsidiary of Royal Bafokeng Holdings<\/span> and <\/span>10% <\/span>owned by <\/span>Soul City Broad Based Empowerment Company<\/span>. The remaining <\/span>10% <\/span>is controlled by <\/span>local Community Trusts.<\/span><\/p>\n

The <\/span>latest <\/span>transaction <\/span>also encompasses <\/span>Acciona\u2019s 80% stake in Acciona Energy South Africa O&M, an operations and maintenance <\/span>firm that provides <\/span>services and parts to both Gouda and Sishen.<\/span> The disposal by Acciona tallies well with the company\u2019s <\/span>The move aligns with <\/span>the Spanish- based <\/span>Acciona<\/span>\u2019s \u201c<\/span>asset rotation strategy<\/span>\u201d announced in <\/span>November 2023.<\/span><\/p>\n

Under this strategy, the company has <\/span>reached agreements for the sale of more than 1.4GW of renewable capacity in Costa Rica, Spain and Peru worth more than \u20ac2 billion<\/span>. This, said Acciona, highlights \u201c<\/span>the attractiveness<\/span>\u201d of renewable energy assets.<\/span><\/p>\n

On completion, the <\/span>acquisition <\/span>of the two renewable energy assets will raise Exxaro\u2019s n<\/span>et operating capacity <\/span>through Cennergi <\/span>by 117 MW<\/span> to about <\/span>317 MW<\/span>. This signifies a \u201c<\/span>material expansion<\/span>\u201d of the company\u2019s <\/span>operational base<\/span> and \u201c<\/span>accelerates the execution of Exxaro\u2019s <\/span>s<\/span>ustainable <\/span>g<\/span>rowth and <\/span>i<\/span>mpact <\/span>s<\/span>trategy<\/span>\u201d by b<\/span>ringing the company closer to its 2030 goal of 1.6 GW managed net renewable energy capacity.<\/span><\/p>\n

\u201cThis acquisition adds substantial growth to our portfolio of operating assets, enhances geographical diversification, and marks a significant milestone in our strategic journey to scale Cennergi. Acquiring the O&M company allows us to provide asset management and O&M services to two additional utility-scale renewable energy assets, while also bringing in skilled staff, advanced systems, and expertise to further strengthen Cennergi\u2019s position as a leading asset management and O&M provider in South Africa<\/span>,\u201d said <\/span>Leon Groenewald<\/span>, Exxaro\u2019s executive head for energy.<\/span><\/p>\n

The transaction is expected to close in the first half of next year, with Cennergi also constructing a further <\/span>180MW <\/span>in <\/span>net capacity<\/span>.<\/span><\/p>\n

BUSINESS REPORT<\/strong><\/p>","protected":false},"excerpt":{"rendered":"

Exxaro has signed a R1.8 billion agreement for the acquisition of renewable energy assets in the Northen and Western Cape as it scales its energy solutions.The acquisition has been completed through Exxaro\u2019s wholly owned subsidiary,\u00a0Cennergi. It said on Thursday that\u00a0binding agreements\u00a0have been signed with\u00a0Acciona Energ\u00eda\u00a0for the acquisition of\u00a0the 138MW Gouda Wind Farm in the Western Cape and the 75MW Sishen Solar Facility in the Northern Cape.Additionally, Exxaro has snapped up the company responsible for the operations and maintenance\u00a0of the two renewable energy assets that were\u00a0procured under Bid Window 2 of South Africa\u2019s Energy\u2019s Renewable Energy Independent Power Producer Procurement Programme.The final value of the purchase is expected to range between\u00a0R1.7bn and\u00a0R1.8bn, with the power purchase agreement for the Sishen Solar Facility running until 2034 and that for Gouda Wind Farm slated for upto 2035.Ben Magara, the CEO of Exxaro, said\u00a0the acquisition was a \u201cpositive development in the continued iteration of our commitment to power possibility through a just and inclusive energy\u201d\u00a0transition.\u201cIt strengthens Exxaro\u2019s position as a diversified natural resources champion, anchored by a strong coal base, a growing energy solutions business, as well as acquisitive growth in energy transition metals. Exxaro is not only investing in cleaner energy but also securing long-term, stable, and sustainable value for all our stakeholders,\u201d\u00a0said Magara.Gouda and Sishen\u00a0were\u00a054.9%\u00a0controlled\u00a0by ACCIONA Energ\u00eda, 25.1% by Celenex, a\u00a0majority owned subsidiary of Royal Bafokeng Holdings\u00a0and\u00a010%\u00a0owned by\u00a0Soul City Broad Based Empowerment Company. The remaining\u00a010%\u00a0is controlled by\u00a0local Community Trusts.The\u00a0latest\u00a0transaction\u00a0also encompasses\u00a0Acciona\u2019s 80% stake in Acciona Energy South Africa O&M, an operations and maintenance\u00a0firm that provides\u00a0services and parts to both Gouda and Sishen.\u00a0The disposal by Acciona tallies well with the company\u2019s\u00a0The move aligns with\u00a0the Spanish- based Acciona\u2019s \u201casset rotation strategy\u201d announced in\u00a0November 2023.Under this strategy, the company has\u00a0reached agreements for the sale of more than 1.4GW of renewable capacity in Costa Rica, Spain and Peru worth more than \u20ac2 billion. This, said Acciona, highlights \u201cthe attractiveness\u201d of renewable energy assets.On completion, the\u00a0acquisition\u00a0of the two renewable energy assets will raise Exxaro\u2019s net operating capacity\u00a0through Cennergi\u00a0by 117 MW\u00a0to about\u00a0317 MW. This signifies a \u201cmaterial expansion\u201d of the company\u2019s\u00a0operational base\u00a0and \u201caccelerates the execution of Exxaro\u2019s\u00a0sustainable\u00a0growth and\u00a0impact\u00a0strategy\u201d by bringing the company closer to its 2030 goal of 1.6 GW managed net renewable energy capacity.\u201cThis acquisition adds substantial growth to our portfolio of operating assets, enhances geographical diversification, and marks a significant milestone in our strategic journey to scale Cennergi. Acquiring the O&M company allows us to provide asset management and O&M services to two additional utility-scale renewable energy assets, while also bringing in skilled staff, advanced systems, and expertise to further strengthen Cennergi\u2019s position as a leading asset management and O&M provider in South Africa,\u201d said\u00a0Leon Groenewald, Exxaro\u2019s executive head for energy.The transaction is expected to close in the first half of next year, with Cennergi also constructing a further\u00a0180MW\u00a0in\u00a0net capacity.BUSINESS REPORT<\/p>","protected":false},"author":1,"featured_media":90965,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-266747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-builder"],"_links":{"self":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/266747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/comments?post=266747"}],"version-history":[{"count":2,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/266747\/revisions"}],"predecessor-version":[{"id":266749,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/posts\/266747\/revisions\/266749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media\/90965"}],"wp:attachment":[{"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/media?parent=266747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/categories?post=266747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.premium-partners.net\/fr\/wp-json\/wp\/v2\/tags?post=266747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}