Bokpoort CSP, in which Lereko holds 13% shares, is a 50 MW concentrated solar power project that was selected as the only CSP plant in the second round of the REIPPP. Bokpoort CSP is headquartered in Johannesburg, with the plant itself located in a rural area of the Northern Cape Province.

Bokpoort CSP uses CSP trough technology which currently makes up more than 95% of the installed base of global CSP capacity and has a thermal energy storage capacity of 1 300MWh (thermal), equivalent to about 9.5 hours of operation. The plant will draw water from the Orange River through a dedicated pipeline, and will operate continuously with a total staff complement of approximately 48, largely employed via a third party operating and maintenance contract. During construction the company contributed greatly towards job creation, both directly and indirectly.

SINDILA HYDRO

Sindila is a 5.25 MW run-of-river hydropower project located on the Sindila river in the Bundibugyo district in western Uganda. The project is being developed by KMR Infrastructure (“KMRI”) and has been selected for support by the joint KfW and Uganda Government Global Energy Transfer Feed-in Tariff (“GETFiT”) programme. The programme provides the project with a tariff premium on top of government renewable energy tariffs which enhances returns. Under the GETFiT approval the project is targeting financial close by July 2015.

LMSC has secured investment rights into Sindila, as well as the adjacent Ndugutu 5 MW hydropower project also under development by KMRI. LMSC will be shareholders alongside KMRI as well as a leading international Independent Power Producer.

KHOBAB

Khobab is a 140MW wind farm located within the Hantam Municipal area in the Northern Cape. The project is to be located next to the Helios transmission sub-station approximately 70 km north of the town of Loeriesfontein.

LMSC will invest R66 million with the total LMRF investment being R141 million.  The project represents a total capital commitment of approximately R3.6 billion including debt and equity.

LOERISFONTEIN 2

Loerisfontein 2 is a 140MW wind farm located within the Hantam Municipal area in the Northern Cape. The project is to be located next to the Helios transmission sub-station approximately 70 km north of the town of Loeriesfontein.

LMSC will invest R63 million with the total LMRF investment being R133 million. The project represents a total capital commitment of approximately R3.4 billion including debt and equity.

NOUPOORT

Noupoort is an 80MW wind farm project within the Umsobomvu Municipal area situated in the Northern Cape. The project is located 5km east of the town of Noupoort.

LMSC will invest R33 million in the wind farm with the total LMRF investment being R70 million.  The project represents a total capital commitment of approximately R1.8 billion including debt and equity.