Sasol and Air Liquide PPAs with Enel Green Power RSA reach financial close

The 330 MW wind facility, located close to Oyster Bay in the Eastern Cape will be one of the largest wind-powered facilities in Southern Africa

Sasol South Africa Ltd (Sasol) and Air Liquide have concluded three Power Purchase Agreements (PPAs) with Enel Green Power RSA for the long-term supply of 330 MW of renewable power to Sasol’s Secunda site in South Africa after the signing of a third 110 MW-agreement that followed the first two PPAs announced in January 2023.

The 330 MW wind facility, located close to Oyster Bay in the Eastern Cape will be one of the largest wind-powered facilities in Southern Africa and will provide annual production of more than 1,100 GWh of clean energy. The wind farms are scheduled to be operational by 2026.

This brings the total PPA’s contributing to renewable energy capacity secured by Sasol and Air Liquide to around 690 MW. Of that, approximately 430 MW have now achieved financial close.

Priscillah Mabelane, Executive Vice President of Sasol Energy Business said: "We have reached a further milestone today with our announcement of the second Secunda decarbonisation renewable energy projects reaching financial close. This is significant progress towards Sasol’s ambition to reduce its absolute scope 1 and 2 Greenhouse Gas (GHG) emissions by 30% off a 2017 baseline. Sasol is committed to pursue renewable energy procurement as a key lever for reducing GHG emissions, and the 690 MW procured with Air Liquide to date speak to that commitment.”