The Swedish development finance institution Swedfund and the Danish Investment Fund for Developing Countries (IFU) have committed US$44m to independent power producer (IPP) Sturdee Energy to accelerate the expansion of renewable energy in Southern Africa. Sturdee Energy specialises in the development of renewable energy projects across Southern Africa, its core operations include developing, owning, operating, and investing in renewable energy projects and related infrastructure, supplying energy to government utilities, large corporations, and industrial clients. The IPP operates 31 MW of solar power in Namibia and Botswana and is constructing 20 MW of solar power in South Africa and is currently advancing a portfolio of more than 200 megawatts to financial close across four countries, which are expected to add more than 600 GWh of renewable energy and reduce CO2-emissions by nearly 500 ktCO2/year.
Sturdee Energy is a South African Independent Power Producer (IPP) focused on developing and operating renewable energy projects across Southern Africa. Their mission is to provide tailored renewable energy solutions for both private and public offtakers while delivering environmental and social benefits.
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