Sibanye-Stillwater announces PPA and financial close for wind energy project

Sibanye-Stillwater is pleased to announce that it has concluded its first power purchase agreement (PPA) and achieved financial close for an 89-megawatt (MW) wind energy project.

This clean energy will be generated by the Castle Wind Farm, located near the town of De Aar in the Northern Cape province of South Africa, and will supply the SA operations via a wheeling agreement with Eskom. This will be the largest private wind farm constructed in South Africa to date. Construction of the castle Wind Farm is expected to commence in June 2023 and is scheduled for commercial operation in early 2025. The project consortium consists of African Infrastructure Investment Managers (AIIM), through its renewable energy project development and delivery platform, African... ... More: Official Press Release Sibanye-Stillwater

Keywords:

Sibanye-Stillwater, wind farm, carbon neutrality. South Africa, utility scale, renewable energy, MW, capacity, Northern Cape, Eskom, PPA