- AIMM confirms a majority stake in solar power plant development for C&I customers.
- The proposed plant will be commissioned in 2023.
The African Infrastructure Investment Managers (AIIM) have confirmed a majority stake in three solar power plants to provide electricity to commercial and industrial (C&I)customers in South Africa. The investment firm plans to expand its energy infrastructure portfolio.
The project is implemented by BB Energy and Energy Group. The plants will provide clean energy for the operations of Harmony, a mining company based in Johannesburg, South Africa. In its operational phase, the project is expected to generate 30 MWp, making it one of the largest commercial and industrial (C&I) customer projects in South Africa. The construction phase is expected to commence this month.