Project Investors

Droogfontein Solar Power is owned by a consortium dedicated to providing clean, renewable energy to the people of South Africa:

Globeleq: Globeleq is an experienced developer, owner and operator of independent power projects in the emerging markets, with a specific focus on Africa and the Americas. The company develops economically sustainable businesses that support the continued development of the electric power sector in these regions. With assets currently in excess of US$1.3 billion, Globeleq is an independent power industry leader in the emerging markets participating in nearly 14,000 megawatts (MW) of generation capacity in more than 25 countries.
Thebe Investment Corporation: A diversified investment management company and one of South Africa’s oldest black owned investors, established in 1992 with the vision to be a trusted world class African company that develops and invests in businesses for the long term benefit of the community and other stakeholders.
Mainstream Renewable Power is the world’s leading independent developer of renewable power, with almost 9,000MW in development and over 800MW delivered into construction and commercial operation. Mainstream was founded in 2008 by Dr Eddie O’Connor following the sale of Airtricity, a global development and supply business founded by Dr O’Connor for $2bn to E.ON and SSE. The company employs over 160 people and has offices across five continents. For more information, visit
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Droogfontein Communal Property Association: Droogfontein Communal Property Association (CPA), the project land owner comprising of more than 104 families.  The CPA receives revenue through lease agreements with Droogfontein Solar Power. As one of the project owners, the CPA also earns a share of the project dividends.
Letsatsi Borutho
The Letsatsi Borutho Trust, a local community trust established by the project company to benefit the local community in the areas of enterprise development, education and health. Call for nomination of trustees
Enzani Technologies: An electrical & instrumentation engineering contractor which provides services in the fields of engineering design, procurement, installation, testing and commissioning of electrical & instrumentation systems.
Usizo Engineering: A consulting electrical engineering firm that specialises in project engineering & project management. Usizo is 100% Black owned.

Tuesday 17/09/2013

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Monday 09/09/2013

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Majority shareholder, Globeleq is jointly managing the construction of Droogfontein Solar and will play a key role as the management company during operations.