CHAMWE KAIRA
Alpha Namibia Industries Renewable Power (ANIREP) has concluded a conditional binding offer, in terms of which ANIREP will acquire a 45% shareholding in Cerim Luderitz Energy (Pty) Ltd for a total consideration of N$60 million.
The vendors are Allied Worldwide Trading Limited, for a 30% shareholding, and Riminii Investment (Proprietary) Limited, for a 15% shareholding.
CERIM is an Independent Power Producer (IPP) currently developing a 50 MW (AC) wind power plant located 17km south of Lüderitz in the Karas Region.
The project will include the development of 743 hectares of land into a power-generating facility and the construction of a 40km 132 kV transmission line to evacuate power to the Namib substation.
Commercial Operation Date (COD) is expected within 18 months following Financial Close.
The project is underpinned by a 25-year Power Purchase Agreement with NamPower, an Environmental Clearance Certificate and a Transmission Connection Agreement.
ANIREP Managing Director Iyaloo ya Nangolo said, “ANIREP is proud to be accelerating its mission of delivering utility-scale, affordable, and clean energy to Namibia’s national grid, now diversifying into wind power. Building on the successful launch of the Moses Mague Garöeb Khan 25 MWp solar PV plant, ANIREP’s renewable energy portfolio will surpass 90 MWp of diversified capacity by its COD. “
Ya Nangolo said the CERIM project addresses Namibia’s critical energy challenges, including limited security of supply, rising electricity prices, and growing demand. With a projected annual wind availability of 4,300 hours, it presents a compelling investment in clean, reliable energy.
He said it aligns with the goals of the Namibia Integrated Resource Plan and the Fifth National Development Plan (NDP5), to expand installed capacity to 755 MW by 2022/23 and source at least 70% of energy from renewable energy sources by 2030.
Backed by a strong equity foundation and access to the approved N$5 billion Green Bond listed last year, ANIREP is positioned to fund this growth and drive further renewable energy development in Namibia and the wider region, Ya Nangolo said.
He added that ANIREP provides a vital bridge between capital markets and infrastructure-based renewable projects, anchored by sustainable, long-term cash flows.
“This milestone acquisition cements ANIREP’s role as an independent power producer, with a clear trajectory towards becoming one of the region’s foremost renewable energy platforms.”
