Ireland-based MRP won the rights to develop its Jeffrey’s Bay wind project (in Eastern Cape) and the De Aar and Droogfontein ground-mounted PV installations (both in Northern Cape) as part of South Africa’s first renewables tender concluded last December.
MRP sold stakes in the trio of projects to a variety of investors led by Guernsey-based Globeleq Generation, but has said it intends to maintain a stake of 10% or so in each, a detail important to the South African government.
Two
