Investee Stories

As at June 2013, the NEF had approved over R5.05 billion for black-empowered enterprises countrywide, in various economic sectors. 

Below is a sample of these investments:


Funding Solutions
Hluhluwe (Pty) Ltd (R1.2 billion)

Project summary

Eskom, the South African power utility company responsible for national electricity generation and distribution, is intent on procuring power from Independent Power Producers (IPPs) in accordance with the Department of Energy’s Integrated Resource Plan. In response, this project is developing a 40 MW wind farm in Hluhluwe, KwaZulu-Natal, to produce clean electrical energy.

 

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