News
Announcements, milestones and stories from across the H1 platforms.
29 Articles
H1 Holdings & Revego Announce Proposed Merger
H1 Holdings and Revego Fund Managers announce a proposed merger, combining roughly R13.3 billion in assets to form one of South Africa's largest renewable energy investment platforms.
H1 Holdings concludes R2.6bn Equity Transaction
H1 Holdings has partnered with Nedbank and Absa (acting through their respective Corporate and Investment Banking divisions) together with British International Investment (BII) and Norfund…
H1 Holdings completes R1.9bn Kenhardt equity transaction
H1 Holdings has partnered with The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division to reach financial close on a long-dated R1.921bn equity funding facility…
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 and battery storage projects. The massive project…
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 the 30th of June 2023.…
EDF-R and H1 close three new wind projects
EDF-Renewables South Africa, with shareholders H1 Holdings and Gibb-Crede, celebrate the start of construction for three new utility-scale wind projects. The projects are the first REIPPP Round 5…
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 Northern Cape. H1 is a 49% shareholder in the large-scale…
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 700 MW portfolio of four wind farms. The wind farms are…
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. The projects…