24
Apr
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…