EXSA views Seriti Green deal as key milestone as it scales up for pure-play trading role

Licensed electricity trader Energy Exchange of Southern Africa (EXSA) describes its recently concluded 15-year power purchase agreement (PPA) with Seriti Green as a major milestone in positioning the company as a sizeable “pure-play” trader ahead of South Africa’s transition towards a more competitive market. The R5-billion Mpumalanga project reached financial close in August on the back of the PPA, through which EXSA will buy all of the 525 GWh of electricity that the wind farm is expected to produce yearly once in full production. The 155 MW project, which will incorporate 25 wind turbines, is expected to begin generating electricity in October 2027.