Etana Energy

We are thrilled to announce that Etana Energy has reached financial close on its first solar project with Mulilo, unlocking 75MWac of new renewable electricity capacity for large power users. This landmark deal is made possible through a R1 billion payment guarantee facility from Standard Bank Group and a preference share investment of up to R372M from Norfund and Standard Bank. This financing—alongside the R1.8 billion ($100 million) guarantee facility secured last year from GuarantCo and British International Investment (BII)—is enabling Etana’s trader model to scale rapidly, paving the way for 700MW of wind and solar projects to come online. This achievement would not have been possible without the trust and collaboration of our partners. A huge thank you to our investors, guarantors, IPPs, lenders, and customers for their confidence in Etana’s mission to provide businesses with affordable, low-carbon electricity through the grid. The future of energy in South Africa is changing—and we’re just getting started. 🔆 Find out more here: https://bit.ly/42cEChh #RenewableEnergy #EnergyTransition #Wheeling #EtanaEnergy #Solar #Wind #CleanPower #Sustainability Chariot Limited H1 Holdings (Pty) Ltd

Cape Town’s energy grid is officially open for cleaner, more affordable power! ⚡   The City of Cape Town has successfully concluded its first electricity wheeling pilot, unlocking new opportunities for cleaner, more affordable, and more secure power. This is a game-changer for businesses wanting to access cost-competitive renewable electricity.   We are proud to be part of this milestone, working with Growthpoint Properties to prove that wheeling works – and that it can drive private investment in new energy generation. This is a win for businesses, a win for South Africa, and a win for the planet.   With the doors now officially open for energy trading, the time to act is now! Let’s power a cleaner, more resilient future together. Find out more here: https://bit.ly/4kogkbf   #RenewableEnergy #Wheeling #EnergyTransition #EtanaEnergy #CapeTown #Sustainability #CleanPower Evan Rice

With the #MiningIndaba taking place this week, it’s a great time to highlight the importance of choosing the right partner to assist mines on their decarbonisation journey. We're looking forward to seeing you there, or get in touch with us at info@etana.energy to find out more. #EtanaEnergy #Mining #MiningIndaba2025

We offer Renewable Energy Certificates (RECs) providing a transparent, reliable way for businesses to credibly report low-carbon electricity consumption. 

An interesting read from British International Investment about the potential for project finance to increase energy access in Africa. Chariot remains focused on developing transitional energy projects in Africa, and, via Etana Energy, aims to increase the supply of renewable energy to business customers in South Africa.  https://lnkd.in/erkmgRyR

Sunday is International Clean Energy Day. A testament to the significant strides we’ve collectively taken in pursuit of sustainable energy solutions in South Africa and a reminder of the need to accelerate the clean energy transition. #WorldCleanEnergyDay

Exciting news at Etana! Our operations team is growing, and we’re thrilled to welcome Nimal Chabilall, Monique Karating and Sibulele Maqhubela onboard. Here’s to new beginnings and building a sustainable future together! #EtanaEnergy #Team

We are delighted to announce a groundbreaking deal with GuarantCo and British International Investment (BII). In this deal, Etana Energy will secure R1.8 billion ($100 million) in guarantee financing to support its role as a key enabler of renewable energy projects in South Africa. The US$100 million in guarantee financing will unlock an estimated R9 billion of new renewable energy projects – providing a major boost to South Africa’s green energy transition. The guarantee facility will enable around 500MW to be added to the grid by several renewable energy (wind and solar) IPPs over the next few years. Displacing fossil fuel generation with electricity generated from renewable sources will avoid 1.2 million tonnes of CO2-equivalent emissions annually and create a significant number of new jobs.

In a country where electricity tariffs have been rising fast and way above inflation, Etana offers forward price certainty. With a tariff that adjusts annually with the consumer inflation rate, you can lock in electricity prices from renewables for 5, 10, or even 20 years - with no surprises.

Keen to find out whether your business can access wheeled electricity? Swipe through to see the key requirements for accessing renewable electricity through the grid.