Metrowind Van Stadens Wind Farm

What Metrowind Van Stadens Wind Farm does

Metrowind Van Stadens Wind Farm is a 27MW grid-connected wind energy facility located near Blue Horizon Bay in the Eastern Cape, South Africa, consisting of nine Sinovel wind turbines. It operates under South Africa's Department of Energy Renewable Energy Independent Power Producers Procurement Programme (REI4P), having been awarded in Bid Window 1, and was the first REI4P project to achieve commercial operations on 7 February 2014 after early operation from 28 November 2013. The facility is anticipated to generate approximately 80 GWh of renewable electricity annually, equivalent to the consumption of roughly 12,300 households per month, and was reported to deliver close to 50% of the Nelson Mandela Bay Metro's clean-energy generation target. All output is fed into the Nelson Mandela Bay Metro Grid via Eskom under the REI4P power purchase arrangement.

Economically, Metrowind is structured as a project-finance Special Purpose Vehicle (SPV) wholly owned by Rubicept (RF) (Pty) Ltd, with shareholders including Old Mutual Life Assurances Company South Africa (via the IDEAS Fund managed by African Infrastructure Investment Managers), Spilled Water Renewable Energy, African Pioneer Services (a subsidiary of African Pioneer Group), TEWA Power, and the Metrowind Community Trust (which holds a 5% stake to channel benefits to local communities). Construction was executed by Basil Read Matomo under a R475 million EPC contract, with Sinovel supplying turbines under a November 2012 supply agreement. The project also runs the Metrowind Community Development Programme (MCDP) across four pillars — education, conservation, food security, and enterprise development — reflecting the social-investment obligations attached to REI4P projects.

The revenue model is a single long-dated, government-backed offtake to Eskom under REI4P tariffs, supplemented by socio-economic development spend obligations that double as both compliance and reputational moat around the licence to operate. The site office is at Blue Horizon Bay and the head office is at 73 Havelock Street, Central, Port Elizabeth.

Name

Metrowind Van Stadens Wind Farm

Legal name

Rubicept t/a Metrowind

Website

https://metrowind.co.za

Company type

Private

Founded year

2012

Operating status

Operating

Short description

Metrowind Van Stadens Wind Farm is a 27MW, nine-turbine Sinovel wind facility in the Eastern Cape, South Africa, supplying ~80 GWh/year into the Nelson Mandela Bay Metro Grid via Eskom under the REI4P programme. It was the first REI4P project to achieve commercial operations in February 2014.

Ownership category

akta.pro rank

Product category

Wind Power Generation

NAICS

Wind Electric Power Generation (221115)

SIC

Electric Services (4911)

akta.pro primary industry

Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)

akta.pro secondary industries

Onshore Wind Power Generation (Utility-Scale) (EUACAFAA), Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE)

Keywords

• Wind power generation
• Renewable energy production
• Independent power producer
• Utility-scale wind farm
• Clean electricity generation

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Others

Revenue model

1. Electricity Generation and Sales: The 27MW wind farm generates approximately 80 GWh of green electricity per year, which is fed into the Nelson Mandela Bay Metro Grid. Revenue is generated through the sale of renewable electricity under the REI4P program.

Distribution channels1 record

Marketing channels3 records

Core offering

Metrowind Van Stadens Wind Farm operates a 27MW utility-scale wind energy facility comprising 9 wind turbines near Blue Horizon Bay in the Eastern Cape, South Africa. The facility generates approximately 80 GWh of green electricity per year, which is fed into the Nelson Mandela Bay Metro Grid via Eskom under a long-term Power Purchase Agreement structured through the Department of Energy's Renewable Energy Independent Power Producers Procurement Program (REI4P). The facility also delivers a community development program across education, food security, enterprise development, and youth training.

Product overview

The Metrowind Van Stadens Wind Farm is a single 27MW wind energy facility consisting of 9 wind turbines. It was the first wind farm commissioned under the Department of Energy's Renewable Energy Independent Power Producers Procurement Program (REI4P) and the first REI4P project to achieve commercial operations. The wind farm generates renewable wind energy that is supplied to the Nelson Mandela Bay Metro Grid. The company also operates the Metrowind Community Development Program (MCDP) which supports socio-economic development and enterprise development initiatives in the surrounding communities through four pillars: education, conservation, food security, and sustainable enterprise development.

Differentiator

Problem solved

Functional benefit

Products and services

• Metrowind Van Stadens Wind Farm (wind-generated electricity) A 27MW wind energy facility consisting of 9 Sinovel wind turbines located near Blue Horizon Bay in the Eastern Cape, South Africa. It generates approximately 80 GWh of green electricity annually, which is supplied under a long-term PPA into the Nelson Mandela Bay Metro Grid via Eskom under the REI4P program, powering the equivalent of approximately 12,300 households per month.

Quantifiable outcome

• 80 GWh/year of green electricity generated
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core, supporting and minor.

• Spilled Water Renewable Energy (Pty) LtdcoreStrategic or Co-development PartnerSWRE is a newly-formed renewable energy company focused on establishing a diversified portfolio of renewable energy projects for South Africa and sub-Saharan regions. Has experience in wind, solar and biomass projects with strategic relations with utilities and independent power producers internationally.
• African Pioneer Services (Pty) LtdcoreStrategic or Co-development PartnerPart of African Pioneer Group, an established black industrialist group focused on Energy, Entertainment, Food & Beverages sectors. Established in 1990, with combined turnover exceeding R30 billion and over 10,000 employees.
• TEWA Power (Pty) LtdcoreStrategic or Co-development PartnerLeading renewable energy investment and asset development firm with 2,000 MW development pipeline. One of the country's first and most successful black-owned renewable energy companies, pioneering South Africa's energy landscape with R1 billion investment portfolio.
• Metrowind Community TrustcoreStrategic or Co-development Partner5% shareholder in the Metrowind Van Stadens Wind Farm. Through the Trust, local communities share in the benefits arising from the wind farm.
• Basil Read MatomocoreStrategic or Co-development PartnerSubsidiary of JSE-listed Basil Read group. Awarded R475 million EPC contract for construction of the 27MW wind farm project. Responsible for turbine transport and erection.
• SinovelcoreTechnology or IntegrationWind turbine manufacturer supplying components for the Metrowind Van Stadens Wind Farm. Turbine supply agreement concluded in November 2012.
• Africoast EngineerssupportingImplementation/ SI/ Consulting PartnerEngineering firm providing engineering services for the project. Described as proud to be part of this project of national significance.
• Bountiful Grains TrustsupportingStrategic or Co-development PartnerPartner in the Food 4 Thought programme. Partnership resulted in establishment of the Van Stadens Reserve School Nutrition Garden and additional gardens at Yellowwoods Farm School and St Albans Primary School.
• Isivuno TrainingsupportingStrategic or Co-development PartnerRegistered Public Benefit Organisation (PBO) partnered to assist the Nomzamo Crèche with setup of proper educational and operational processes towards registration as an Early Learning Centre.
• Nelson Mandela Bay Business ChambersupportingStrategic or Co-development PartnerPartners in Enterprise Development Programme combining mentorship and skills training to develop small businesses in Nelson Mandela Bay.
• Redhouse Yacht ClubminorStrategic or Co-development PartnerRuns a training and transformation programme for kids from Nelson Mandela Bay area through the year. Metrowind supported training of Bash Luncedo as instructor and sponsored 10 kids for the Learn to Sail programme.
• Van Stadens Wild Flower ReserveminorStrategic or Co-development PartnerNeighboring partner in the Food 4 Thought programme that resulted in establishment of the Van Stadens Reserve School Nutrition Garden.
• EskomcoreStrategic or Co-development PartnerNational electricity utility. The wind farm feeds green electricity into the Eskom grid. Metrowind was the first green energy producer to feed into the Eskom grid under REI4P.
• Department of Energy (South Africa)coreStrategic or Co-development PartnerGovernment department overseeing the Renewable Energy Independent Power Producers Procurement Program (REI4P). The wind farm was successful in Bid Window 1 of the program.
• IPP Procurement ProgramcoreStrategic or Co-development PartnerIndependent Power Producers Procurement Program under the Department of Energy. Metrowind was one of the successful projects during Bid Window 1.

Scale indicators6 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• Globeleq: UK-based power platform investing across sub-Saharan generation including wind, solar, and thermal assets. Comparable as an African IPP investor/operator with a broader portfolio mandate, providing a reference point for capital recycling and platform-level expansion of Metrowind.
• Engie South Africa: French utility's South African renewable arm with REIPPPP wind and solar assets. Comparable as a broad incumbent with utility-scale renewable generation feeding into the Eskom grid, providing a benchmark for large-utility renewable IPP economics.

Direct peers

• Enel Green Power South Africa: Subsidiary of Enel Green Power operating multiple large-scale REIPPPP wind farms in the Eastern Cape and Northern Cape (e.g., Kouga, Jeffreys Bay, Dorper, Loeriesfontein/Khobab, Amakhala Emoyeni). Directly comparable as a wind power operator under the same REI4P program, with overlapping grid interconnection routes to Eskom.
• Red Cap Renewables: South African renewable energy IPP that developed and operates wind projects under REIPPPP (e.g., Roggeveld Wind Farm). Directly comparable as a private South African wind farm developer-operator with similar scale and Eskom-grid offtake.
• Cennergi: Exxaro's renewable energy subsidiary operating the Amakhala Emoyeni, Golden Valley, and other South African wind projects under REIPPPP. Comparable as a privately held South African wind IPP with similar offtake structures via Eskom and comparable turbine OEM mix.
• Mainstream Renewable Power: Global renewable energy developer with a significant South African REIPPPP portfolio (e.g., Noupoort, Kangnas, Perdekraal wind farms). Directly comparable as a privately held wind IPP operating multiple sites in South Africa under similar REI4P/REIPPPP structures.
• EDF Renewables South Africa: Subsidiary of EDF Renouvelables with operational wind farms under the REIPPPP program (e.g., West Coast One). Comparable as a wind IPP operating in the same regulatory framework with similar turbine technology and Eskom grid interconnection.

Emerging players

• G7 Renewable Energies: South African independent renewable energy developer with utility-scale wind projects. Comparable as a smaller-scale South African wind IPP active in the REIPPPP program with similar grid-interconnection and Eskom offtake dynamics.
• Mulilo Renewable Energy: South African renewable energy developer with operational wind and solar projects under REIPPPP. Comparable as a privately held emerging South African renewable IPP, similar in size and operational model to Metrowind.

Others

• African Pioneer Group: Black industrialist group (energy, entertainment, F&B sectors) that is a Metrowind shareholder via African Pioneer Services. Included as an ecosystem/ownership-adjacent comparator illustrating the BEE-aligned ownership architecture relevant to Metrowind's structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metrowind Van Stadens Wind Farm