Southern Africa Renewable Energy Portfolio

SHOVEL READY - Last Mile
Southern Africa Renewable Energy Portfolio
Wind + Solar + BESS Projects
Curated Investment Opportunities Exclusively | Presented by Amplify Africa
Confidential investor materials. Detailed project information available under executed NDA.
South African Renewable Energy Investment Platform
Majority-Controlled | Last-Mile Funding Opportunity | Solar, Wind & Hybrid Infrastructure
369 MW
Base Capacity
with expansion to 150–200 MW
$325M USD
Estimated Portfolio Capex
~R5.2B ZAR
Last-Mile
Advanced-Stage
& Near Shovel-Ready Projects
Key Investment Positioning
Majority-owned under a single sponsor platform
Last-mile funding opportunity across a diversified renewable pipeline
Base capacity of approximately 369 MW with expansion potential of 150–200 MW
Estimated total portfolio capex of approximately $325M USD (~R5.2B ZAR)
Initial capital raise focused on final development, financial close acceleration, and early construction mobilization
Development Focus
Securing or advancing long-term offtake agreements
Aligning with grid and regulatory requirements
Structuring assets for efficient capital deployment and scalability
As a result, the portfolio is positioned as a last-mile funding opportunity, where capital can be deployed into projects nearing financial close or construction readiness, with both near-term deployment potential and long-term scale.
The portfolio is presented through a structured investment platform for capital partners.
Portfolio Overview
Section 1: Portfolio Status
The portfolio comprises a majority-controlled and strategically positioned set of renewable energy assets across South Africa, structured for near-term execution and phased capital deployment.
All projects are supported by secured or advanced-stage offtake agreements and have active grid engagement processes underway or in place.
The portfolio is positioned at final-stage development, requiring last-mile capital to progress to financial close and construction readiness.
Section 3: Capital Overview
The portfolio may be funded as a combined platform or on a project-by-project basis, depending on investor mandate and capital allocation strategy.
Total Portfolio (Aggregated View) Total Estimated Portfolio Capex: ~R5.2B (~$325M USD)
Initial Capital Raise: $25M – $40M USD
USD values based on indicative exchange rate of ZAR 16.00 = USD 1.00
Capital is primarily required for:
Final development and financial close
Grid and permitting completion
Early construction mobilization
Co-investment into near-term executable projects
Section 2: Portfolio Composition
Base Capacity: ~369 MW
Expansion Pipeline: +150–200 MW
Total Potential Capacity: ~550 MW+
The portfolio includes a mix of:
Financial close assets
Shovel-ready projects
Advanced development opportunities
Near shovel-ready large-scale infrastructure assets



Section 4: Investment Structure
The portfolio is structured as a multi-project investment platform, allowing:
Project-level investment participation
Portfolio allocation across multiple assets
Strategic platform participation aligned with pipeline growth
Capital deployment is phased, enabling staged entry into assets as they progress toward construction and operation.
Section 5: Deployment Timeline
0–6 months: Financial close and final development
6–18 months: Construction and commissioning
12–24 months: Revenue generation across initial assets
Portfolio Breakdown
Project-by-Project Breakdown
The portfolio is presented as a combined platform for scale, while each project may be funded individually based on investor preference and allocation strategy.
Portfolio Composition (Aggregated View with Flexible Entry Points)
USD values based on indicative exchange rate of ZAR 16.00 = USD 1.00
Portfolio may be executed as a combined investment or through selective participation in individual assets.
Per Project Capital Requirements
Financial requirements reflect sponsor-defined capital needed to achieve financial close across each project.
TABLE
Capital Structuring Approach
Capital is deployed at project level based on financial close requirements
Investors may participate in individual projects or across the aggregated portfolio
Larger allocations may be directed toward flagship assets such as Rotterdam
Financial close requirements represent last-mile capital required to progress each project into construction and operational phases.
Project Detail
Swartberg Wind
10 MW | Western Cape — Fully permitted wind project with secured PPA and confirmed grid connection. Financial close in progress.
Key Highlights
IRR: 15%
Ownership: Majority sponsor position
Offtake: PPC PPA secured
Stage: Financial Close
Capacity
Base Capacity: 10 MW
Identified Expansion: +22 MW
Total Potential: 32MW
Financials
Equity Contribution
$2.2M USD / R35M
Total Capex
$22M USD / R350M ZAR
Flagship Project
Rotterdam Solar
240 MW | South Africa — Utility-scale solar project designed for institutional capital deployment at significant infrastructure scale.
Key Highlights
Stage: Near shovel-ready
Scale: Large infrastructure asset
Offtake: PPA HoT signed; additional offtakers under discussion
Capacity
Base Capacity: 240 MW
Build Strategy: 
Additional Upside: Additional capacity possible subject to land and grid scaling
Financials
Total Capex
$250M USD / R4B ZAR
Financial Close Requirement: 
R149.2M
Equity Contribution:
$4.2M USD / R67.2m
Project Detail
Midvaal Solar
5 MW | Northwest Province — Embedded solar plant with signed PPA and strong expansion potential into mining supply.
Key Highlights
IRR: 17.8%
Offtake: Midvaal Water Company
Stage: Financial close in progress
Capacity
Base Capacity: 5 MW
Expansion Potential: Up to 100 MW
Financials
NPV
$3.6M USD / R57M
Total Capex
$5M USD / R80M ZAR
Equity Contribution: 
$0.9M USD / R14M    
Financial Close Requirements
$1.1M USD / R18M 
Project Detail
Green Chrome Solar + BESS
4 MW + Storage | Limpopo — Onsite solar and storage for a chrome mine with strong tariff and rapid deployment potential.
Key Highlights
IRR: 16%
Ownership: 50% SPV
Offtake: Mining PPA
Initial Phase: 4 MW solar + 3.75 MWh BESS
Development Structure: Two-phase project
Expansion Potential: Extension potential subject to off-taker demand and site configuration
Financials
NPV
R98M (~$6.1M USD)
Buyout Option
R20M (~$1.25M USD)
Total Capex
$9.4M USD / R150M 
Equity Contribution
$0.7M USD / R11.2M
Project Detail
Middelvlei Solar
40 MW | Gauteng — Shovel-ready solar project with a strong offtake pipeline and optional battery storage integration.
Key Highlights
IRR: 16%
Ownership: Majority
Stage: Shovel-ready
Base Capacity: 40 MW
Expansion / Upside: Optional BESS integration
Financials
NPV
R85M (~$5.3M USD)
Total Capex
$37.5M USD / R600M ZAR
Equity Required
$0.7M USD / R11.2M
Financial Close Requirement
$1.45M USD / R23.2M
Project Detail
CAPM Solar
10 MW + 40 MW Expansion | Northwest — Mining-linked solar platform with phased rollout and strong expansion upside.
Key Highlights
IRR: 16%
Stage: Early development
Offtake: In negotiation
Capacity
Phase 1: 10 MW
Planned Expansion: +40 MW
Total Potential: 50 MW
Indicative development opportunity; financial metrics subject to sponsor confirmation
Investment Case
Why This Portfolio
Why This Portfolio
Immediate Opportunities
Swartberg Wind is already at financial close, creating near-term capital deployment with a secured PPA and strong return profile.
Near-Term Assets
Middelvlei and Midvaal provide shovel-ready or advanced-stage solar opportunities with visible pathways to construction and attractive underlying economics.
High-Growth Upside
Rotterdam and CAPM offer larger-scale expansion potential and institutional-grade infrastructure positioning.
Risk Mitigation
Secured or advanced-stage PPAs across the portfolio
Grid alignment and Eskom-related processes underway or in place across relevant projects
Phased deployment structure reduces execution risk and allows staged capital entry
Investor Return Profile
Investor Return Profile
Investor Return Profile
Yield generation from operational assets
Exit optionality to infrastructure and energy funds
Portfolio aggregation supports institutional-scale liquidity events
Optional long-term hold strategy as renewable yield platform
The portfolio is structured to offer multiple return pathways depending on project selection and holding strategy.
Return Strategy
Dividend yield from operational or near-operational assets
Partial or full exit to infrastructure funds, strategic investors, or long-term capital partners
Optional long-term hold strategy through a yield-focused renewable platform
Value Creation Drivers
Financial close progression on near-term assets
Construction and commissioning milestones
Expansion of contracted capacity across selected projects
Portfolio aggregation creating institutional-scale exit optionality
DATA ROOM / NEXT STEPS
Data Room Access
Detailed project-level technical, financial, and legal documentation is available under NDA.
1
Investment Process & Data Room Access
Full technical, financial, and legal data rooms available
Access granted upon execution of NDA
2
Data Room Includes:
Financial models
EPC and capex breakdowns
PPA agreements
Grid connection documentation
Permits and approvals
SPV structures
Investment Process
01
Initial engagement
02
NDA execution
03
Data room access
04
Project selection / portfolio allocation
05
Term sheet
06
Financial close
CONTACT
Contact & Investment Enquiries
Amplify Africa
Anthony Morgan
Email: anthony@amplifyafrica.com
Phone: +27 82 921-4560
Note: We are the structured platform and mandate holder on the portfolio. The underlying projects are owned by the project sponsor, and we are responsible for capital structuring, investor engagement, and execution into financial close.