GreenCo is:
- A creditworthy buyer of renewable energy
- GreenCo buys power from independent power producers (IPPs), utilities and SAPP competitive markets
- A reliable and affordable seller of renewable energy GreenCo sells power through long-term contracts to utilities and private buyers; it also executes shorter-term trades through the Southern African Power Pool (SAPP)
- A champion of new renewable energy and trading services
- An aggregator of risk
- Strongly capitalised, GreenCo warehouses credit risk of utilities and private buyers, resulting in reduced tariffs
- An operational aggregator of renewable energy supply
- A scalable business that will cover the entire SADC market
BENEFITS & SERVICES
FOR GOVTS & UTILITIES
- Increased power capacity through new renewable energy generation
- Lower tariffs through increased efficiency of electricity sector
- Wider economic benefits through greater employment and private capital investment
- Environmental benefits
FOR IPPs
- Bankable Long Term PPAs – 15 – 25 year Tenor
- Backed by Liquidity Buffers (lasting 12-15 months in a hypothetical worst case and at least 60 months in any realistic downside scenario)
- Carbon Credits/ Renewable Energy Certificates
- Cross Border energy supply
- Dynamic Asset Optimisation and Data Analytics
- Trade excess power from existing plants/ those with other offtakers
FOR CONSUMERS
- Affordable green power supply
- Long term (up to 20 years), fixed price Power Supply Agreements
- 24×7 availability (where technically feasible)
- Data Analytics
- Asset Optimisation
* Targeted at users with connections > 1MW