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, across the energy value chain thereby delivering reliable, affordable energy to our customers and acceptable returns to our shareholders.
Cennergi envisions to become the leading independent power producer in sub-Saharan Africa. In powering progress in the region, Cennergi pursues an aspirational grid emissions factor between 0.5 and 0.7 tons of CO2 per MWh – lower than the carbon footprint of the region. Cennergi is committed to generating cleaner energy through a mixed portfolio of generation assets including wind, solar, hydro, gas and coal.
Who is Cennergi
Cennergi (Pty) Ltd is a Southern African based diversified Independent Power Producer (IPP). The shareholders in Cennergi are two large, listed companies with strong project – and operational track records. The shareholders are Exxaro Resources Ltd and The Tata Power Company Ltd, and they are using Cennergi to combine local experience with international power project experience.
Exxaro Resources is a large diversified black owned South African resource company. Exxaro’ s strong operational track record in South Africa is demonstrated by its distinction as the owner and operator of the largest coal beneficiation complex in the world (the Grootegeluk coal beneficiation complex), and it is also the largest supplier of coal to Eskom.
Tata Power, one of the major companies of the Tata Group, is operating as a power utility in India since 1915 and has a marked presence across the value chain of power business, namely Fuel (Coal), Coal Logistics, Generation, Transmission, Distribution and Power Trading. The Company has an installed generation capacity in excess of 8500 MW in India comprising of thermal, hydro, solar and wind. It has successful public-private partnerships in Generation, Transmission and Distribution in India and distributes electricity to more than 1.9 million consumers in Mumbai and Delhi.
Cennergi launched its operations 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%), Watt Energy (16%) and the Tsitsikamma Development Trust (9%), the latter two being BEE partners to the project.
The Project site 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 development site comprises of 7 adjacent land parcels and will comprise 31 Vestas (EPC and O&M Contractor) wind turbines with a 95.325MW capacity. The Project achieved financial close in June 2013 and is well into its 34 month construction period. Scheduled COD is anticipated for 25 March 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 project site comprising 56 wind turbines and an installed capacity of 134.4 MW is located between Cookhouse and Bedford in the Eastern Cape Province of South Africa. The Project achieved financial close in May 2013 with a 37 month construction period from financial close date. Scheduled COD is anticipated for 16 June 2016.
Cennergi is expanding its project portfolio and is in the process of developing more renewable energy projects for the South African REIPPP Programme as well as some coal baseload projects as part of the CBIPPP Programme.