RBH

Industrial Off takers (Far: Wheeling agreement reqd)

1. Sasol
- South Africa based global chemical & energy company.
- Aiming to procure 1200MW by 2030 (net 0 by 2050).
- Locations: Sandton, Pretoria, Sasolburg, & Cape Town (Far)
2. Air Liquide
- French multinational industrial gases/services supplier
- Partnered w/ Sasol acq. 600MW. (C-neutral by 2050)
- Location: Gauteng, KwaZulu-Natal, Eastern & Western Cape (Far)
3. South African Breweries (SAB)
- Major South African Brewery (HQ: Johann., 7 brew + 42 depots)
- Net 0 by 2040, 100% renew. Electricity contracts by 2025
- Accelerating their sustainability strategy and looking for more
partners in the renewable energy space.
- Rustenburg SAB depot: Close to Site C (Other SAB locations far)
4. Shoprite Holdings
- Africa’s largest supermarket retailer (HQ: Brackenfell, W. Cape)
- Net 0 by 2050 (25% of ops renew. By 2025)
- 2x its solar capacity in 2021
- Secured R3.5 Bn Sustainability linked loans.
- 5 locations near Site C (direct connection)

5. PPC
- Biggest cement manufacturer in South Africa
- Net 0 by 2050, aims to cut emissions (invest in renew. energy)
- Seeking to build renewable energy plants or acquire green power
in South Africa, Zimbabwe, and Rwanda (FAR)
6. Tiger Brands
- Top 40 JSE FMCG co. (41 sites in SA & Cameroon)
- Dec. GHG by 45% by 2030 (Net 0 by 2050), 65% electricity req. via
sustainable energy by 2030 (intend to enter PPAs from IPPs).
- Location: Randfontein, Olifantsfontein, Waltloo, Germiston,
Boksburg East (FAR)
7. Mediclinic
- Private healthcare group in SA (47 hospitals + 14 day-clinics, etc.)
- 2021: Refinanced R8.45 Bn (Africa’s first sus. Linked banking loan)
- Stated desire to further invest energy efficient equipment and
renew. energy sources.
- Hospital locations (FAR)
8. Dimension Data
- Info. & Comm. Tech. Services & sol. Provider (member of NTT Ltd.
Group, one of the world’s leading technology companies.
- Intend to keep C-emmis < 1 Mn tons, Net 0-C
- Potential off taker site in Johann (FAR)
9. Makro
- Retail outlets chain (22 stores (FAR) in SA, known for convenience
& affordability provider to SA households)
- Desire to use renew. (6 solar plants fed directly into stores), intend
to rely more on green energy to reduce elec. Bills)
- 11 stores close to Gauteng (best to implement wheeling agrmt.)
10. Teraco
- Data centres in Johann. (4), Cape Town (2) & Durban (1). (FAR)
- 50% Clean energy by 2027
- Set aside in excess of R3bn in capex over the next 5 years for
Teraco’s utility-scale solar program.
11. African Data Centres
- Business of Cassava Technologies- 2 DCs Jhb, 1 CT/Nairobi/Lagos
- 20y PPA sign (12MW solar in SA) w/ Distributed Power Africa in
- Aims to do all renew. (Above deal does 30% of SA data centres)
12. Vantage Data Centres
- HQ in US, 2 in Jhb (80MW critical IT Load)
- Power provided by ESKOM (renew. used where possible)
- 20y PPA with SolarAfrica 87MW (partially power SA campus)
13. RFG
- South African Food manufacturing company (14 facilities)
- Accelerating renew. prog. -> Solar installations in Limpopo
14. MTN
- Africa’s largest mobile network operator
-
MINING OFF TAKERS
1. Glencore
- Diversified Natural resource company (150 mining, metallurgical
and oil production assets)
- C-0 by 2050 (short term/med targets to cut emm. by 15%/50%)
- Intend to enter PPAs where renew. elec supply possible (signed
19y wind in Spain & 15y solar PPA in Australia)
- 4 coal operations, province of Mpumalanga &
ferroalloys mines & smelters, northern SA (FAR)
- Direct connections possible here
o The Boshoek and Rustenburg smelter
o Kroondal, Wonderkop and Rhovan mine

2. Sibanye-Stillwater
- Multinational mining and metals processing group
- W’s largest 1° producers of Pt, Pd, Rh, Gold, Ir, Ru (Cr, Cu, Ni by-Ps)
- Recent diversification: Battery metals mining & Processing
- Committed to transn. To C-neutral by 2040 (20% renew. by 2030)
- 557MW wind solar projects in SA (all opn. By 2025E.) [ZAR 10.9Bn]
- Location: 3 mines (Rustenburg, Kroondal and Marikana) (Close to
Site C)
3. Anglo-American Platinum
- Leading producer of Platinum group metals
- C-neutral by 2040 (30% cut emm, source all renew elec by 2030)
- In process: Developing 1st Solar PV facility Mogalakwena mine
(100MW, Op by 2023E)
- Locations (Close to Site C)
o 3 mines (Kroondal – 50% ownership, Marikana – 50%
ownership and Siphumelele Shaft 3 – 100% ownership)
{Joint ownership w/ Sibanye-Stillwater}
4. Royal Bafokeng Platinum
- Mid-tier producer of PGMs
- Close locations (Site A)
o Bafokeng Rasimone Platinum Mine (which consists of a
North and South shaft)
o Styldrift
o The BRPM Concentrator complex
o The Maseve concentrator plant.

5. Harmony Gold
- Gold mining & exploration company in SA & Papua New Guinea
- Net 0 by 2045, 30% renew. elec. By 2027
- Plan to roll out 223MW of renew. over the next 5 years.
- Will build three 10MW solar energy plants for its operations in the
Free State province (finished in 2024E).
- Intends procuring an additional 137MW of renewable energy by
the end of 2025 and a further 56MW by the end of 2026.
- 9 underground operations (FAR)
 6. Gold Fields
- Largest gold mining cos, Australia, SA & WA, 1 proj. in Chile.
- Net 0 by 2050 (70% renew by 2030)
- 40MW solar pv construction (South Deep gold mine in Africa)
o R660 Mn cost, supply 24% of its Elec needs.
- South deep only mine (FAR)
7. Pan-African Resources (mid-tier gold producer)
- 4 operational mines
o Elikhulu tailings retreatment plant
o Barberton underground (USD 14.2Mn Elec costs??)
o Barberton tailings retreatment plant
Focus for 2023 -> progressing the expansion of the solar PV renew. energy

o Evander mines underground (USD 11.4Mn Elec costs??)

- 11y LOM 9.9MW solar PV at Evander mines commissioned in May
2022: 30% of Elikhulu’s power req.
The total cost of Evander Mines’ solar PV renewable energy plant is US$10.7mn, with a calculated
payback on this investment of less than five years.

Focus for 2023 -> progressing the expansion of the solar PV renew. energy plant w/ an additional 12MW.

**Also looking for agricultural project facility & commissioning water treatment plant @ Evander Mines

8. Tronox Holdings (FAR)

- Tronox KZN Sands (Empangeni)
- Tronox Mineral Sands (Namakwa, West coast of SA)

9. Sedibelo Resources
- SA based PGM miner (Pilanesberg 30km from site A)
- 47MW wind PPA with Sturdee (operational by 2025E.)
- Plans to build 55MW solar facility adjacent to mine (initial stages)
10. Northam Platinum
- Recently acquired stake in RBPlat
- 60% C, 27% ghg-reduction by 2030
- Joint development agreement: 140 MW wind plan
- Power usage:
o 3 - 1.25MW diesel gen (Booysendal)
o 3 - 1.6MW diesel gen (Eland)
o 6 – 4.2MW dual fuel gen (Zondereinde)
More reqd. in Zondereinde (when Number 3 shaft project online
- Facing high energy supply risk (Load shedding/curtailment by
ESKOM, Incl. in interim results pdf)

11. African Rainbow Minerals

- leading SAfrican diversified mining and minerals co. (SA, Malaysia)
- 100MW solar PV fin (battery storage at BlackRock/Khumani
mines)