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Posted: 17 Dec 2015

Greefspan and Herbert Projects

Old Mutual Alternative Investments’ IDEAS Fund partnered with like-minded investors and SunPower to develop two impressive ground-mount solar power projects near Douglas in the Northern Cape Province.

Featuring 138 000 Tenesol TE 240 photovoltaic solar panels on single-axis trackers, the Herbert and Greefspan solar power plants will together have a generation capacity of 30 MW.

Built as part of the Renewable Energy Independent Power Producers Procurement Programme, the two plants will also generate local construction jobs and deliver clean, reliable energy to the community - precisely the calibre of initiatives that Old Mutual is proud to be involved in.

Old Mutual Alternative Investments is one of the specialist boutiques within Old Mutual Investment Group.

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