M&R Water, partner launch innovative wastewater treatment demo plant

Murray & Roberts Water (MRW), together with its European technology partner, Organica Water, on Wednesday launched an innovative, environment-friendly wastewater treatment plant that closely resembles a greenhouse at the eThekwini municipality’s Verulam Wastewater Treatment Works. The first of its kind in South Africa, the new demonstration plant not only eliminates the unpleasant odours usually associated with wastewater treatment facilities but also produces 30% less sludge, uses 30% less energy and has a 50% to 75% smaller geographic footprint.

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First renewables projects reach financial close after April 4 signing

Wind turbine supplier Nordex has received an order to supply 47 turbines to the 147 MW Roggeveld wind farm, which is among the first projects to reach financial close following the signing of agreements for 27 independent power producer projects on April 4. Situated in the Karoo, on the boundary between the Western and Northern Cape, the wind farm is being developed by Building Energy, which, in 2014, purchased the project from G7 Renewable Energies, which initiated development of the site in 2009.

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Growthpoint Properties issues maiden $425m eurobond, lists on JSE green bond segment

JSE-listed real estate investment trust Growthpoint Properties has successfully priced its inaugural US dollar-dominated eurobond, the proceeds of which will be used to fund its expansion in Central and Eastern Europe (CEE).

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Global wind body sees South African market returning to ‘full health’ in 2018

The Global Wind Energy Council (GWEC) expects the South African wind market to return to “full health” in the coming year, following more than two years of uncertainty. The council’s latest Global Wind Report, which deals with market developments for 2017, notes that the South African renewable energy sector has been through “challenging times”, owing to a long-running dispute with Eskom over the signing of power purchase agreements (PPAs) for projects procured in 2015.

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Ncondezi reviews updated EPC, operations and maintenance proposals

Power development company Ncondezi Energy is reviewing updated proposals for the engineering, procurement and construction (EPC) and operations and maintenance (O&M) contracts for its integrated 300 MW power and coal mine project in Tete, Mozambique.

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Zambezi River Authority launches Kariba dam spillway rehabilitation works tender

The Zambezi River Authority (ZRA) has embarked on the final stage of its Kariba Dam rehabilitation project (KDRP) with the launch of a tender for the spillway rehabilitation works to a shortlist of three prequalified companies – China Gezhouba Group, the CMC/ATB Kariba joint venture and GE Hydro France.

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Aton’s wooing of M&R shareholders continues

As it continues to seek support from Murray & Roberts (M&R) shareholders for its R15 a share buyout offer, German investment company Aton on Tuesday released salient information related to its buyout offer to address “stakeholder concerns”.

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Improved economic environment bodes well for Africa infrastructure development

The economic environment for private equity investments in Africa has improved from a few years ago during a global economic downturn, and this bodes well for infrastructure development on the continent, industry experts said on Tuesday. Romain Py, investment director and head of transactions at African Infrastructure Investment Managers (AIIM) said unlocking African pension fund money to invest in infrastructure debt on the continent would deepen local capital markets.

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City of Joburg’s draft Inclusionary Housing Policy unworkable – Sapoa

The City of Johannesburg’s draft Inclusionary Housing Policy, which is currently out for public comment, is not a workable solution and may, in its current form, deter the private sector from developing residential units, says the South African Property Owners’ Association (Sapoa). Sapoa CEO Neil Gopal explains that the draft does not address the “many complex matters associated with the question of affordable housing”, including residential market realities, or the financial and social consequences of such a policy.

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Hyprop FD resigns

Laurence Cohen has resigned as JSE-listed Hyprop’s FD, effective August 1, to pursue personal interests. The appointment of a new FD will be announced in due course.

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