Here at EXSA, we’ve always believed in a smarter, more sustainable energy future for South Africa.
We’re thrilled to announce a major milestone on that journey: a landmark 15-year power purchase agreement (PPA) with Seriti Green, a leader in the Just Energy Transition. This partnership is a huge step forward for us, for our partners, and for the nation’s energy landscape.
The deal: Powering ahead
We’ve signed an agreement to procure all of the electricity from a new 155 MW wind farm in Mpumalanga – a province at the very heart of South Africa’s energy story. This R5-billion project, part of Seriti Green’s larger 900 MW Ummbila Emoyeni hybrid energy complex, is set to be operational by October 2027. Once complete, its 25 wind turbines will produce around 525 GWh of clean energy annually.
As EXSA’s first venture into a utility-scale energy contract, this is a significant moment. The deal substantially scales up our contracted renewable energy capacity from 39 MW to 194 MW.
A breakthrough for the private market
This partnership is a powerful testament to the private sector’s vital role in solving South Africa’s energy challenges. By anchoring a long-term sale to a licensed electricity trader like EXSA, this project was able to reach financial close and bypass traditional public-sector procurement cycles. This means we’re able to bring new, clean power to the grid faster.
The project’s location in Mpumalanga – a province historically reliant on coal mining – is no coincidence. It’s a powerful example of a Just Energy Transition in action, directly bringing investment, job creation, and sustainable development to a region that needs it most. It’s about building a better future, together.
The EXSA Advantage in action
This deal perfectly showcases our unique value proposition:
- Expertise & credibility: As a NERSA-licensed electricity trader, backed by reputable shareholders, this landmark agreement is a proof point of our expertise in a complex and evolving market.
- Scale & flexibility: This is a major step in our strategy to be a pure-play trader, enabling us to offer a more robust and reliable supply to our customers. We buy in bulk and absorb the complexities, giving you the benefit of clean energy without the headaches of direct procurement.
- Empowering our customers: We’re now even better positioned to help you secure a more stable, predictable, and sustainable energy supply.
- With this milestone, we’re taking time to focus on our customers, ensuring the electricity from this exciting new wind project is fully subscribed by the time it comes online.
Ready to explore how EXSA’s growing portfolio can benefit your business? Contact us today to learn more about our renewable energy solutions.