Mulilo and Reatile Group reach financial close on Hartebeesfontein 77 MW / 308 MWh battery energy storage project in South Africa

Type: Financing · Technology: Storage · Country: South Africa · Capacity: 77 MW · Announced: 2026-06-12

Mulilo reached financial close on the Hartebeesfontein battery energy storage system (BESS) in South Africa, a 77 MW / 308 MWh project located near Klerksdorp in the North West Province. The facility was awarded under Bid Window 2 of South Africa’s Battery Energy Storage Independent Power Producer Procurement Programme, where Mulilo secured five of the eight projects awarded. The battery storage system will provide ancillary services and grid support to the National Transmission Company of South Africa under a 15-year power purchase agreement. Financing for the project was provided by Absa, Standard Bank, and Nedbank, with development supported by the Department of Electricity and Energy, the Independent Power Producer Office, the National Transmission Company of South Africa, and Eskom. Mulilo’s shareholders, Copenhagen Infrastructure Partners and Norfund, also contributed to the project’s realization. Reatile Group partnered with Mulilo on the Hartebeesfontein BESS, which is part of a broader effort to build South Africa’s renewable energy backbone infrastructure.

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