BioTherm Energy
File:BioTherm Energy logo.png | |
ISIN | 🆔 |
---|---|
Industry | Energy generation |
Founded 📆 | 2003 |
Founder 👔 | |
Headquarters 🏙️ | , South Africa |
Area served 🗺️ | |
Key people | Robert Skjodt |
Products 📟 | Wind and solar |
Members | |
Number of employees | |
🌐 Website | https://biothermenergy.com/ |
📇 Address | |
📞 telephone | |
BioTherm Energy is a South African developer of renewable energy sources and power plant operator,[1] founded in 2003 and based in Johannesburg.[2] The chief executive officer is Robert Skjodt,[3] replacing Jasandra Nyker. The company is one of Africa's leading independent power producers (IPPs).[4]
History[edit]
The company was founded in 2003 and in 2008 it received a $150m investment from the private equity firm Denham Capital, which was the largest investment in renewable energy in Africa at the time.[5]
In 2011 Jasandra Nyker became CEO of Biotherm. In 2012 she was named a World Economic Forum Young Global Leader.[6]
In 2015 it was awarded contracts for three renewable power projects in South Africa totalling 251MW.[7]
Biotherm aims to be a pan-African power company.[7] The company has won contracts in Zambia, Burkina Faso, Cote D'Ivoire and Ghana,[8] and in 2018 it had a pipeline of more than 2 GW of wind and solar projects across these countries.[9]
In 2019 it was sold by Denham Capital to Actis Capital, with Robert Skjodt becoming the CEO.[10][11][12]
In 2020 Biotherm received guarantees amounting to US $116m from the Multilateral Investment Guarantee Agency (MIGA), a subsidiary of the World Bank Group. This supports four renewable energy power plant projects in South Africa signed in 2018,[9] and provides backing against risks for a period of 15 years.[4][13]
References[edit]
- ↑ "BioTherm Energy Pty Ltd". Bloomberg. Archived from the original on 2020-08-16. Retrieved 2020-08-16. Unknown parameter
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ignored (help) - ↑ Leading the green revolution. The African Business Journal. Retrieved 1 October 2014.
- ↑ [1] Archived 2020-08-16 at the Wayback Machine BioTherm Energy. Retrieved 9 July 2020.
- ↑ 4.0 4.1 Ngounou, Boris (2020-05-11). "SOUTH AFRICA: MIGA grants $116 million in guarantees for 4 renewable projects". Afrik 21. Archived from the original on 2020-08-16. Retrieved 2020-08-16. Unknown parameter
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ignored (help) - ↑ Mulupi, Dinfin (2016-09-06). "Seven innovative companies meeting Africa's renewable energy needs". How We Made It In Africa. Archived from the original on 2020-08-16. Retrieved 2020-08-16. Unknown parameter
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ignored (help) - ↑ Norbrook, Nicholas (2012-05-07). "Young Global Leaders: Cream of the crop at the World Economic Forum". The Africa Report. Archived from the original on 2020-08-16. Retrieved 2020-08-16. Unknown parameter
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ignored (help) - ↑ 7.0 7.1 "BioTherm Energy wins 251MW renewable energy projects in South Africa". power-technology.com. 2015-04-15. Archived from the original on 2020-08-16. Unknown parameter
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ignored (help) - ↑ Kilian, Anine. "BioTherm Energy secures 20 MW solar project in Ghana". engineeringnews.co.za. Archived from the original on 2020-08-16. Unknown parameter
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ignored (help) - ↑ 9.0 9.1 "BioTherm reaches financial close on four renewables projects". Creamer Media's Engineering News. 25 July 2018. Archived from the original on 2020-08-16. Retrieved 2020-08-16. Unknown parameter
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ignored (help) - ↑ "Denham Capital sells African renewable power company BioTherm Energy". www.privateequitywire.co.uk. 8 January 2018. Retrieved 2020-01-16.
- ↑ "Denham Capital sells renewables IPP BioTherm Energy". renewablesnow.com. 2019-08-01.
- ↑ "After Garden City carport, firms to power Abuja mall with solar". The Standard. 2019-08-08.
- ↑ M, Cukia (2020-06-05). "Four new renewable energy projects in South Africa receive support from MIGA". Construction Review Online. Archived from the original on 2020-08-16. Retrieved 2020-08-16. Unknown parameter
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ignored (help)
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