The Cennergi Vision
Our VISION is to become a diversified, profitable African energy business that owns and operates a balanced portfolio of energy assets throughout Sub-Saharan Africa and across the energy value chain thereby delivering reliable, affordable energy to our customers and acceptable returns to our shareholders. Cennergi aim to Power Progress through resources that power a clean world.
Who is Cennergi
Cennergi (Pty) Ltd is a Southern African based diversified Independent Power Producer (IPP) that focuses on the ownership, operation and maintenance of renewable energy projects and complete asset management services of its own projects, as well as those of others. The company has offices in Pretoria, Gauteng and Port Elizabeth in the Eastern Cape close to its operations.
On 1 April 2020 Cennergi became a wholly owned subsidiary of Exxaro Resources Limited. Exxaro has an asset portfolio, which includes coal operations and investments in iron ore, residual pigment manufacturing and renewable energy.
“Building climate change business resilience is an opportunity to diversify our business portfolio into a low-carbon product mix. The diversification of our portfolio into renewable energy by acquiring 100% of Cennergi, an independent power producer, will drive our carbon neutrality strategy. We will continue to invest in the development of low-carbon energy sources to ensure that the majority of the population has access to affordable and reliable sources of energy.’’, says Mxolisi Mgojo, Exxaro CEO.
Cennergi launched its business in the South African renewable energy sector in 2012 and was awarded the bids for two wind farm projects in the Eastern Cape by participating in the Department of Energy’s Renewable Energy Independent Power Producer’s Procurement Programme (REIPPPP).
Tsitsikamma Community Wind Farm Pty Ltd (TCWF) is a Special Purpose Vehicle (SPV) company formed to develop the Tsitsikamma Wind Farm project. The shareholders of TCWF include Cennergi (Pty) Ltd (75%), RE Times (16%) and the Tsitsikamma Development Trust (9%), the latter two being BEE partners to the project. The Wind Farm is located in the Eastern Cape of South Africa, south of the N2 national road and approximately 6km north of the coast and 30km north-west of Cape St Francis. The Wind Farm comprise 31 Vestas V112 wind turbines with a 95.325MW capacity. The Project achieved financial close in June 2013 and Commercial Operations Date (COD) on 17 August 2016.
Amakhala Emoyeni RE Project 01 Pty Ltd (AE01) is the second SPV Company formed to develop the Amakhala Wind Farm project. The shareholders of the AE01 include Cennergi (Pty) Ltd (95%), Cookhouse Community Trust (2.5%) and the Bedford Community Trust (2.5%), the latter two being BEE partners to the project.
The Wind Farm is located between Cookhouse and Bedford in the Eastern Cape Province of South Africa. The Wind Farm comprise 56 Nordex N117 wind turbines and an installed capacity of 134.4 MW. The Project achieved financial close in May 2013 and COD on 28 July 2016.