Portfolio

H1 Holdings completes R1.9bn Kenhardt equity transaction
H1 Holdings (“H1”) has partnered with The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division (“Standard Bank”) to reach

December 2023: Africa’s largest solar and battery project reaches COD
On the 11th of December, H1 Holdings celebrated the commission of the RMIPPP Kenhardt projects in the Northern Cape, one of the world’s largest solar

August 2023: Round 5 Grootfontein Solar PV plants begin construction
H1 Holdings celebrates the start of construction of three new solar plants, Grootfontein PV1, Grootfontein PV2 and Grootfontein PV3. The projects reached financial close on

January 2023: EDF-R and H1 close three new wind projects
EDF-Renewables South Africa, with shareholders H1 Holdings and Gibb-Crede, celebrate the startof construction for three new utility-scale wind projects. The projects are the first REIPPP

July 2022 – Kenhardt solar and battery storage project
H1 Holdings is proud to be a partner in one of the world’s largest solar and battery storage projects, the RMIPPP Kenhardt projects in the

November 2021 – UKCI & Norfund invest in H1 Holdings joint venture
The UKCI and Norfund have invested in a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a

June 2021 – H1 Holdings and Scatec awarded 3 new solar and storage projects
H1 Holdings is a proud 49% shareholder in three utility-scale solar hybrid storage projects, awarded Preferred Bidder status under the recent Risk Mitigation Power Procurement Programme.

March 2021 – Kruisvallei Hydro reaches COD
H1 Holdings celebrates the inauguration of its second hydroelectric power plant, Kruisvallei Hydro. H1 Holdings is a 46.5% shareholder in the unique run-of-river hydro plant

November 2020 – Perdekraal East & Kangnas Wind
In October 2020, Perdekraal East became the first wind farm from the REIPPPP Bid Window 4 to reach commercial operation. The 100MW wind farm is near

April 2020 – 258MW solar PV park in Upington completed
We are pleased to announce that Dyason’s Klip 2, the third and final project of a 258 MW Solar PV Park, reached COD in April

February 2020 – Two R4 solar facilities reach COD
H1 Holdings is a shareholder in 7 REIPPP R4 projects. The first 2 of these 7 projects have reached COD. On the 18th of February

December 2019 – IPP panel on 567 Cape Talk
CEO and Director at H1 Holdings, Reyburn Hendricks, formed part of an independent power producer (IPP) panel interviewed on the Refilwe Moloto show, broadcast on 567 Cape

August 2019 – UKCI invests R253 million in partnership with H1 Holdings
The UK Climate Investments Impact fund (UKCI) has partnered with H1 Holdings to invest R253 million in three Round 4 projects, with a total capacity

April 2019 – H1 Holdings features in the IJGlobal league tables
IJGlobal is an online database of infrastructure and project finance transactions and assets. At the end of 2018, IJGlobal issued their IJGlobal Infrastructure Finance league

December 2018 – H1 and Scatec Solar partner on three new solar plants
H1 Holdings is a 35% shareholder in three new utility-scale solar PV projects near Upington in the Northern Cape. These plants, Dyasons Klip 1, Dyasons

August 2018 – Kangnas Wind Supports Research on Red Lark
H1 Holdings is a shareholder in the 140MW Kangnas Wind farm in the Northern Cape. This project has assisted in funding a vital BirdLife SA and

June 2018 – Financial Close Reached on 140MW Kangnas Wind & 110MW Perdekraal East Wind Farms
H1 Holdings is a 11.25% shareholder in two new utility-scale wind projects – Kangnas Wind and Perdekraal East Wind. Our co-shareholders in these projects are

April 2018 – 147MW Roggeveld Wind Project Reaches Financial Close
H1 Holdings is a 23.25% shareholder in the 147MW Roggeveld Wind Power project, together with our partners Building Energy, the PIC and the project’s community

March 2018 – Eternity Power registered as a CDM
H1 Holdings is proud to announce that our multi-award winning Eternity Power Thermal Harvesting™ clean energy project has been registered as a Clean Development Mechanism

February 2018 – New Engineers in Training
In January this year, Vuselela Energy (an H1 Holdings company), welcomed three new Engineers in Training. The new Engineers in Training work at our multi-award winning

November 2017 – Stortemelk Hydro wins another award
Stortemelk Hydro, the successful run of river hydro plant near Bethlehem, Free State, has won another award. This is a quote from the CEO of our

October 2017 – Joshin Raghubar
Joshin Raghubar is the CEO and Director of iKineo and is its founder. He has extensive experience in providing marketing leadership to numerous multinational clients.

October 2017 – TSiBA Igniting Opportunity
TsiBA is a private university which offers a business administration degree and has been operating for 11 years. The Tertiary Institute for Business Administration (TSiBA)

December 2016 – Stortemelk Hydro performs beyond expectations
H1 Holdings is a key shareholder in a new 4.5MW hydro project, Stortemelk Hydro. The successful plant operates as a run-of-river power station near Clarens

September 2016 – Renewable Energy Research Excellence Award
H1 Holdings project Eternity Power Thermal Harvesting™ has won its fourth award, the Renewable Energy Research Excellence Commercial Application Award. The award recognises the novel technology

August 2016 – IChemE Sustainable Technology Award
H1 Holdings and Vuselela Energy are excited to announce that the innovative Eternity Power Thermal Harvesting project has been selected as a finalist for the

July 2016 – Thermal Harvesting™ Power Plant Saves “Wasted Energy”
ESI Africa – Africa’s Power Journal – published an interview with Vuselela Director, Vernon Harding. The article features our award winning project Eternity Power Thermal Harvesting™. “Producing

March 2016 – Vuselela Energy wins Africa Energy Innovation Award
Vuselela Energy with its award winning project Eternity Power Thermal Harvesting™ has won another prestigious award, the 9th Annual Africa Energy Innovation Award. “Launched in

December 2015 – Eternity Power in African Energy Journal
The December 2015 issue of the African Energy Journal features an in depth article written by David Poggiolini about the award winning Eternity Power Thermal Harvesting™ project. Download

21 October 2015 -Vuselela Energy wins SA Innovation Awards
H1 Holdings, Vuselela Energy and Eternity Power are proud to announce that our Vuselela Energy Eternity Power Thermal Harvesting™ project was inducted into the Hall

28th September 2015 – Eternity Power Official Opening Press Release
Download the Eternity Power Presentation for GreenCape July 2015 Vuselela Energy and H1 Holdings together with Anglo American Platinum Limited officially opened a clean energy power

July 2015 – TSiBA – Igniting Opportunity
TSiBA NPC is a private university which offers a business administration degree and has been operating for 10 years. The Tertiary Institute for Business Administration

June 2015 – Clean Energy is Coming…
Eternity Power is a Thermal Harvesting™ Power Plant at the Anglo Platinum Waterval Smelting Complex near Rustenburg. It represents an innovation in the field of

April 2015 – Roggeveld Wind Farm and Kruisvallei Hydro
In August 2014 we teamed up with our partner, Building Energy, to submit a number of projects under Round 4 of the Renewable Energy Independent

August 2014 – Another first for South Africa – Eternity Power
In August 2014 H1 Holdings concluded a transaction to acquire the majority of Vuselela Energy and Eternity Power. Eternity Power is constructing a thermal harvesting

November 2013 – A first for South Africa – Mkuze Biomass Renewable Energy Project
In 2013 we teamed up with a technical partner, Building Energy, to submit projects to the Renewable Energy Independent Power Producer Programme (REIPPP) run by

May 2013 – Berkshire Hathaway AGM
In May 2013, I went to Omaha, Nebraska to attend the Berkshire Hathaway AGM. Berkshire Hathaway is run by Warren Buffett, one of my business

October 2012 – Upington Community Radio
One of our long-term holdings, Desert Palace Casino Resort, makes monthly donations to various charities and social projects in the Upington area. We really liked
