ANIREP completes purchase of 70% stakes in Hopsol Power Generation (Pty) Ltd
Alpha Namibia Industries Renewable Energy Power Limited (ANIREP) has completed the acquisition of a 70% stakes in Hopsol Power Generation (Pty) Ltd.
Hopsol Power Generation (Pty) Ltd. is a Namibian special purpose vehicle that is formed from the partnership of HopSol Africa Construction, a subsidiary of the Swiss developer HopSol AG, and the Namibian Ouyelele Company. The company owns two 5-MW solar photovoltaic plants in Namibia that have been in operation in 2015 and 2016. Each of the projects secures 25-year power purchase deal.
ANIREP has closed the deal with NAD88.6 million (US$5.1 million) of investment.
Country updates
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January 07, 2020
Namibian government signs land lease agreement for 44 MW Diaz wind power in Lüderitz
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November 04, 2019
Sertum Energy Namibia completes the 5 MW portion of 27 MW Trekkopje Solar Project solar project in Namibia
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July 05, 2018
SunEQ Namibia announces financial close for 5 MW of solar photovoltaic facility
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April 11, 2018
The World Bank’s Multilateral Investment Guarantee Agency (MIGA) is guaranteeing USD 15 million non-shareholder loans from Investec Bank and USD3 million equity from Cigenco SA to support the construction, operation and maintenance of the solar project including the Ejuva One
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April 11, 2018
The World Bank’s Multilateral Investment Guarantee Agency (MIGA) is guaranteeing USD 15 million non-shareholder loans from Investec Bank and USD3 million equity from Cigenco SA to support the construction, operation and maintenance of the solar project including the Ejuva Two
