Kangnas Wind Farm, situated outside of Springbok, in the Northern Cape’s Nama Khoi Municipal area, commenced construction during June 2018. The wind farm will deliver 140MW’s of clean renewable power from its sixty-one wind turbines during operations.
Not only will this project be beneficial in addressing the ongoing and increasing need for clean electricity in South Africa, it will also positively impact the country’s economy and people, with a particular focus on communities within a 50km radius of the wind farm.
Kangnas Wind Farm boasts excellent wind resource and is ideally located close to the N7 (national road), which assists with delivery during the extensive wind turbine transportation programme. The site has favourable construction conditions and has straightforward electrical connections into the Eskom grid. In addition to this, the 12-month environmental studies indicated that there would be little environmental impact.
Kangnas Wind Farm will generate around 563 500 MWh/year of clean renewable energy per year, once operational. This is enough clean, green electricity to power up to 120 000 South African homes.
Kangnas Wind Farm will eliminate approximately 550,000 tonnes of carbon emissions each year when compared to traditional fossil fuel power plants. In addition to zero carbon emissions and reduced use of fossil fuels, the country will benefit from almost zero water consumption that is required during the generation process.
Mainstream Asset Management South Africa will manage the Operations of Kangnas Wind Farm.
The debt for the projects has been arranged and led by ABSA.
Concor and Conco Consortium have been appointed as construction contractors and Siemens Gamesa Renewable Energy will supply and install the wind turbines. Simmons & Simmons and White & Case acted as Lenders’ Legal Advisor. Fasken and Stoel Rives acted as Sponsor Legal Counsel.