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What the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa

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The purpose of this presentation is to provide the information on what the Renewable Energy (IPP) Projects have contributed to the Small Medium Micro Enterprises in South Africa.

AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY

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Renewable energy engineering firm AfiCoast Engineers SA has announced that a new company,
AfriCoast Energy, will now be responsible for all future renewable energy projects - particulary
wind and solar - while it will also play a key role in guiding AfriCoast Engineers' current
basket of renewable energy projects.
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Reatile to become ADNOC’s BBBEE partner following its takeover of Shell Downstream SA

South African diversified investment holding company Reatile Group and ADNOC Distribution, part of Abu Dhabi’s State-owned energy group ADNOC, have announced that they have agreed to a long-term strategic relationship with a definitive agreement by which Reatile will acquire a minority shareholding in Shell Downstream South Africa (SDSA). This agreement will come into force once ADNOC Distribution has completed its acquisition of SDSA from Shell South Africa Holdings. ADNOC’s 100% acquisition of SDSA, announced in July, is valued at some $1-billion, before adjustments for net debt and working capital. The deal is subject to regulatory approvals and the meeting of the conditions precedent and the closing conditions. All being well, the deal is expected to be concluded next year.

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