UK’s BII to invest R125m on Northern, Eastern Cape wind farms

UK development finance institution British International Investment (BII) will invest R125-million in two 140 MW wind farms in the Northern Cape and Eastern Cape to help tackle South Africa’s energy crisis and accelerate economic growth. The two wind farms are currently under construction, are expected to reach completion in 2024 and will provide clean, affordable energy to South Africa. This is part of a three-project cluster being co-developed by renewable energy investment company H1 Capital and energy company EDF Renewables.