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 in the Free State province. Kruisvallei Hydro is a Red Rocket project which received financing from the Facility for Investments in Renewable Small Transactions (FIRST) fund and the UK Green Investment Group. Read the Red Rocket press release here. Read more about our partnership with the Green Investment Group and UK Climate Investments here. Kruisvallei Hydro, along with two other Round 4 projects, Kangnas Wind and Perdekraal East Wind, have created around 385 jobs during construction phase and are expected to provide a further 195 jobs over the projects’ 20-year production periods. The Green Investment Group has invested in all three projects.
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