Background

H1 Holdings is a black-owned and managed company based in South Africa which was founded in 2000. Our purpose is to improve the quality of life by producing cleaner energy.
Our BHAG™ is to power the equivalent of 2 million households with cleaner energy by 2035.
Our focus is on the power sector. We believe that the potential of this sector to improve people’s lives is significant and far-reaching. In order to best achieve our purpose, we develop, invest in and operate power projects.
BHAG™ is a registered trademark of Jim Collins and Jerry Porras

team

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Reyburn Hendricks

Reyburn is a director of H1 Holdings and manages the company. He has extensive experience in investments and since 1996 has worked in asset management, corporate advisory and private equity prior to working at H1 Holdings since 2007.

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Carnita Hendricks

Carnita Hendricks completed a business science degree from the University of Cape Town. She has over 8 years of experience in performance measurement, third-party investments, investment analysis for equity and debt instruments, and trading of money market and fixed interest instruments.

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Elisma Roux

Elisma is the Financial Manager for H1 Holdings and has over ten years of financial management experience. Elisma completed her studies in 2001 and qualified as a Chartered Accountant in 2004 from the University of Stellenbosch.

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Gabriele Maraschin

Gabriele is an electrical engineer and is the Head of Business Development for H1. Gabriele has over 12 years of experience in the energy sector in Europe and Africa. Gabriele has managed and concluded multiple developments in various energy technologies.

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Lido Fontana

Lido joined the Transaction team at H1 Holdings in 2021. Lido is an English and South African qualified lawyer, having practised law in London and South Africa at various international law firms, in various roles including partner, director equivalent.

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Jonathan Muller

Jonathan is the Head of Asset Management at H1 Holdings. Previously at Old Mutual and the Industrial Development Corporation, Jonathan’s experience is in infrastructure finance and in senior project management.

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Gregory Issac

Greg is an Investment Principal at H1 Holdings, responsible for managing energy assets and supporting new investments. He has a strong background in infrastructure finance, developed during his time at Old Mutual.

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Janine Tilley

Janine works as a Project Manager in the transaction team. She began her career in TV and film production. From 2002 until joining H1 in 2013 she worked as a Project Manager and Fundraiser for various non-profits.

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Zack Scholtz

Zack serves as a Financial Controller in the Finance and Asset Management team, ensuring compliance and accurate reporting of H1’s assets. He plays a key role in delivering transparent and timely financial information to the company’s partners and stakeholders.

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Lionel van den Berg

Lionel is a vital part of the Finance and Asset Management team and brings his financial and auditing expertise to support the strategic growth, operational efficiency and sustainable development of the H1 group.

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Semantha Du Plessis

Semantha is the Bookkeeper for H1 Holdings and works with the Financial Manager. Semantha has been in finance since 2002 and the majority of her experience is in the construction industry.

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Sunelle Chandler

Sunelle joined H1 in 2023 and is the Office Manager for the H1 group. She works in business administration and compliance at H1, and supports the Asset Management and Finance teams.

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Jacques Malan

Jacques is a director of Vuselela Energy and Eternity Power. He is a Pyro-metallurgical engineer with over 20 years experience in the ferrous, base metals, ferro-alloy and refractory industries.

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Bulelwa Silwana

Bulelwa has a BSc (Hon) in Energy Studies from the University of Johannesburg. She is the Plant Manager at Eternity Power, a co-generation plant attached to the Anglo American Platinum Smelter in Rustenburg.

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Carl Henning

Carl is the Head of Sustainability at H1, where he focuses on lender requirements, regulatory compliance and delivering sustainable outcomes. His core competencies are within the private equity, infrastructure, energy, and agricultural sectors.

socio economic development

H1 Holdings and Scaled Impact, supported by the Industrial Development Corporation, operate a Project Management Office (PMO) to promote and foster collaboration across the renewable energy sector in South Africa. A pilot programme in the Northern Cape Namakwa and ZF Mgcawu districts identified more than US$ 5 billion in investment opportunities, and created a linked pipeline of socio-economic development initiatives.

The Independent Power Producer industry in the Northern Cape has committed approximately 1.5 percent of their revenues to be re-invested into social economic and enterprise development initiatives. Over twenty years this is a major investment in the future of renewable energy project host communities.  The challenge is to co-ordinate the application of these funds and resources across multiple renewable energy projects and operators. Also, to connect renewable energy projects to other industries with similar contributions like mining and agriculture, and to link this into the government’s wider development plans. The H1 Scaled Impact PMO works to promote that each Independent Power Project uses it’s socio economic development funds strategically as a catalyst for long term projects; to match third party funds; to close service gaps; raise skills and open up markets. The PMO works with multiple stakeholders to put the Northern Cape region on a positive development path for the next twenty years and more.

H1 Holdings started working with Scaled Impact in 2018, to design a mechanism to promote collaboration across the various Northern Cape energy project clusters. Backed by the IDC, we developed a twenty-year perspective on the development potential in the Northern Cape, matching the locations and timing of various solar and wind farm investments in which H1 is a shareholder.

The H1 Scaled Impact PMO identified great value in the region. World-scale strategic mineral reserves in the solar and wind energy corridors give the area a head-start in potential manufacturing for future green industries from solar panels to batteries. Grape, date and citrus farms supply world markets and have large expansion potential. Up to 4,000 hectares of suitable land are potentially open for establishment by emerging farmers. The Orange River Valley is the second largest raisin producing region in the world enabling new, community-owned production. The team has developed a Livestock for Livelihoods programme, that builds capacity and opens up markets for host communities in the Northern Cape, in collaboration with the Northern Cape Department of Agriculture and the National Woolgrowers Association.

 

Other opportunities in high tech automotive testing; R&D and aviation recycling provide a base for a high-tech cluster. Around this, the Northern Cape region is a global bio-diversity hotspot. Natural resources in flora and fauna can be preserved through land rehabilitation, reserves, protective farming practices and bio-technology applications to create a bio-diversity economy.

Investments in the natural environment are particularly valuable as ways to work with host communities living in remote areas, for adapting life to climate change and protecting fragile natural capital. The team has identified a set of investments in livestock, healthcare, social services, energy and water infrastructure; plus telecoms infrastructure that aim to raise living standards and improve livelihoods. Citizen participation, enabling people to contribute to government planning and democratic processes is at the heart of this activity. Finally, a framework was created to monitor and evaluate IPP social and economic development and enterprise development activities. The framework links the requirements of the IPP Office, provincial and national government policy and the UN Sustainable Development Goals (SDGs).

The H1 Scaled Impact Project Management Office has a wide mandate across sectors and a long time horizon. It is engaging with stakeholders and their representatives. The PMO works to establish implementation partnerships at the provincial and national level.  Resources and collaboration are set up to deliver transformational community growth and development, to maximise the benefits and positive impact of the renewable energy sector.  Above all, it is driving the implementation of development projects in a strategic and collaborative way. 

 

news

contact

Email info@h1holdings.co.za
Phone +27 21 201 6432
Our company details are:
Physical Address H1 Holdings, 5th Floor, Letterstedt House, Newlands on Main, Main Road, Newlands, 7700
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