Deals Counterparts

EDF power solutions-led consortium develops 420 MW Koruson 1 wind cluster

Development Wind announced South Africa Feb 25, 2026
420 MW
Capacity
operating
Stage
Koruson 1
Project

EDF power solutions led a consortium with South African Black Economic Empowerment (BEE) partners H1 Holdings and Gibb-Crede to develop the 420 MW Koruson 1 wind cluster, comprising three wind farms in South Africa.

Deal Analysis

The EDF Power Solutions-led consortium's development of the 420 MW Koruson 1 wind cluster in South Africa represents a significant investment in renewable energy infrastructure. This project, involving South African Black Economic Empowerment (BEE) partners H1 Holdings and Gibb-Crede, aims to establish three wind farms, contributing substantially to South Africa's energy capacity. While the financial value of the deal remains undisclosed, the project's scale and the involvement of a major player like EDF Power Solutions suggest a considerable commitment to the region's energy transition.
  • 420 MW wind cluster development
  • Led by EDF Power Solutions, a major energy player
  • Involvement of South African BEE partners H1 Holdings and Gibb-Crede
  • Focus on wind energy, a key renewable source
Market Context: South Africa is actively pursuing renewable energy projects to diversify its energy mix and reduce reliance on fossil fuels. Wind energy is a key component of this strategy, and projects like the Koruson 1 wind cluster are crucial for achieving the country's renewable energy targets.

Source Intelligence

KEY DETAILS

The Koruson 1 project was awarded under Round 5 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) in 2021. Quote: The Koruson 1 project was awarded under Round 5 of South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) in 2021.

Capacity
EDF power solutions commissions the 420 MW Koruson 1 wind power cluster in South Africa
Location
on the border of the Northern and Eastern Cape of South Africa
PPA Details
The consortium has entered into a 20-year Power Purchase Agreement (PPA) with the public grid operator.
Announcement
Wednesday, 25 February 2026
COD
We are thrilled to achieve full commercial operation on Koruson 1
PARTIES MENTIONED IN SOURCE
E
EDF power solutions developer

"developed by a consortium led by EDF power solutions"

H
H1 Holdings developer

"together with South African Black Economic Empowerment (BEE) partners, H1 Holdings"

G
Gibb-Crede developer

"Gibb-Crede"

E
Envusa Energy energy trader

"a separate 520 MW wind farm currently being developed by EDF power solutions with its energy trader partner Envusa Energy"

high quality Enriched Feb 25, 2026

Timeline

Announced
Feb 25, 2026
Signed
Closed

Market Context

This deal is part of the Wind sector in South Africa.
137
Wind deals
30
deals in South Africa
1 of 137 Wind deals tracked this month · Updated daily

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