Independent power producer Red Rocket has reached financial close on the first phase of the Overberg wind farm expected to be South Africa’s largest privately developed wind farm once completed.
The 380 MW wind farm, located in the Overberg region, will supply 230 MW to Richards Bay Minerals (RBM) under a long-term power purchase agreement. The project will feature 39 Goldwind 6,2 MW turbines and is expected to be operational by 2027.
Once online, the wind farm will reduce RBM’s carbon footprint, cutting its greenhouse gas emissions by approximately 30%, equivalent to 0,7 million tonnes of carbon.
“Overberg wind farm is a testament to what is possible when ambitious renewable energy targets meet the expertise and drive to bring them to life,” said Matteo Brambilla, CEO of Red Rocket.
