vintage energy€¦ · vintage energy profile. partners our partner power matla, a local south...

COMPANYPROFILE

www.vintage-energy.co.za

VINTAGE ENERGY

INTRODUCTION

We develop green fieldsrenewable energy projects

with the aim of operating them

Vintage Energy is committed to developing and providing Africa with clean and renewable energy in order to ease energy shortages as well as humankind’s impact on the environment in Africa.

Our strategic focus is the development of renewable energy plants which include Solar Power plants, both Photovoltaic and Concentrated; Wind power plants; Co-generation plants and Rural Energy Solutions. Our commitment for continued pursuit and deployment of wind and solar will remain a cornerstone of driving towards a clean energy future, the impact of our projects can be maximized by considering other relevant technologies in a portfolio approach to allow for a holistic energy solution.Through our current Power Matla Solar consortium, Vintage Energy brings on board extensive expertise.

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Vintage Energy Profile

PARTNERSOur partner Power Matla, a local South African black owned investment company with interests in the renewable energy, ICT, FMCG, mining, petrochemicals, power utilities and logistics markets. Since its inception in 1999 when the company acquired an interest in Desta Transformers, to 2007 acquiring a 25,1% share of Powertech Transformers.

The company has broadened its investment portfolio to forming a consortium together with Epiworx Investments and Empower a Thousand Holdings to pursue investment opportunities. These opportunities included acquiring a 25,1% share in Altech UEC in 2011; through PM Renewables, a strategic partnership formed with Dorper Wind Farm project in 2012; buying a stake in Orion Gold (Australia) and establishing a joint venture company called Power Matla Innolumis (Pty) Ltd, with the Netherlands based Innolumis Public Lighting BV in 2017.

Since then the company has participated in numerous empowerment transactions including Dorper Wind Farm and Agama Exploration & Mining as well as diversi-fied sector investments in mining, engineering, business development, marketing, finance, engineering and manufacturing.

Power Matla’s board of directors and management team is made of highly expe-rienced professionals from different backgrounds, namely politics, supply chain management, operations, engineering, marketing, finance and business in general.

We harness Africa’s readily available solar and wind resources in order to provide the efficient, sustainable energy required for growth

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ABOUT US

Renewable energy is energy that is col-lected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat.

Vintage Energy’s values are embodied in all their business relationships. These values are:

PROFESSIONALISMWe carry out all our business in a professional and respectable way.

UBUNTUWe reflect the spirit of an African approach to human ethics that embrace honesty,

trust, respect, care and empathy to those we associate with.

TRANSPARENCYWe engage with our partners with openness and transparency.

EMPOWERMENTWe deeply believe in empowerment in communities where we conduct business.

OUR VISIONOur vision is to harness the wind and solar resources within South and Southern Africa to operate renewable energy plants in order to provide efficient, sustainable and clean energy for all people within the Southern African part of the continent.

OUR MISSION

Our mission is to develop and provide South and Southern Africa with clean and renewa-ble energy in order to ease energy shortages.

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JAN DU PREEZ

ABOUT US

Jan’s skills background includes 30 plus years in Supply Chain Management, Project Management, Strategic Planning and General Management environment.

His experience was gained mainly in the Energy Industry (20 years in Eskom) as Commercial Manager and Senior Commercial Advisor for all new builds such as Ingula Hydro, Medupi and Kusile Coal fired Power Stations and the Sere Windfarm (46 wind turbines). He has consulted for large Corporates such as Sun International and Media 24.

He also gained valuable international experience as Supply Chain Manager for International Flavours and Fragrances, a top 10 listed company on the New York stock exchange. His formal qualifications include a B Com from the University of North West and MDP from the University of South Africa.

DIRECTORS

KHETIWE MCCLAIN

Khetiwe has over 12 years’ experience in the mining industry. She has played a number of senior executive and advisory roles in the mining rights conversion process, corporate strategy, matters related to transformation socio-economic development, stakeholder relations and in mine closure. Those mining roles included amongst other Executive Director at Harmony Gold Mine Ltd and CEO of Alexkor Diamond Mine.

Khetiwe has held and continues to hold a number of board positions. To name a few Village Main Reef, Chairman of the Minerals and Petroleum Board of South Africa, Board of Trustees of AECI and Mintek. Khetiwe was a partner at Brunswick until July 2016. She is currently CEO of Mine Closure & Rehabilitation Solutions.

Khetiwe holds a BA in Fine Arts (Italy).

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DIRECTORSKGATHOLA NGOASHENG

Kgathola holds a B. Com in Business Management and Economics and he is the Chief Executive and co-founder of Power Matla (Pty) . As a Non-Executive director, he sits on the board and sub-committees of numerous companies including SGB-SMIT POWER MATLA (Pty) Ltd, Eduvod and Dorper Wind Farm.

Kgathola commands an extensive knowledge of Supply Chain Management at operational and executive level, spanning twenty five (25) years in various companies including, Eskom, SASOL, Transnet, Harmony Gold Mining, Rio Tinto and a former Executive Group Supply Chain Services for Pretoria Portland Cement Company Ltd.

Whilst working for the above-mentioned companies, Kgathola attended numerous Management Development Programmes, Senior Executive Programmes including The ESKOM Graduate Programme In Utility Management 1996) offered by Samford Business Global Utilities Institute and a Certificate In Programme In Leadership Development (2005) by Wits University Graduate School Of Business Administration.

He has been instrumental in the conclusion of business deals for Power Matla. As a result, he was exposed to and work with various corporate finance advisory service providers on Power Matla deals, involving mergers and acquisitions, BBBEE ownership transactions, company valuations, equity and debt capital raising activities.

SIKKIE KAJEE

Sikkie served his articles with BDO Spencer Steward in Durban, where he spent seven years before joining the internal audit profession at two parastatals, Agricor and Agribank in the North West province. He spent four years in Mahikeng before returning to Durban to head the Transnet Group Audit Services in KwaZulu Natal. During his tenure at Transnet, Sikkie worked as a risk manager for Spoornet (now Transnet Freight Rail).

Sikkie was lured back to the consulting profession to establish Ernst and Young’s Business Risk Consulting (Internal Audit) division in the Western Cape, prior to joining Gobodo Inc. Sikkie established Gobodo’s Risk Management Division and was responsible for growing it from 3 staff and R1 million in fees to 42 staff and R18 million in billings over a period of 5 years. He left Gobodo to join KPMG in order to meet new challenges. At KPMG, Sikkie was a partner for approximately 5½ years in the internal audit unit, before moving to the management consulting unit for 3 years.

Sikkie currently consults on corporate governance matters through the Institute of Directors providing both director development and in performing board appraisals. In addition, he serves on the boards of the following organisations:The Automobile Association of South Africa NPC (nonexecutive chairman).Chartered secretaries South Africa (Chairman of the Audit Committee).Eduvod ( Finance and Risk Committee member and non-executive director).SGB-SMIT POWER MATLA (Finance and Risk Committee member and non-executive director).

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DIRECTORSDIRECTORS

DIRECTORS

DIRECTORSROSHNI LAWRENCERoshni is an experienced business leader with a professional engineering background.

She has held numerous executive and senior management positions at PFG Building Glass, PPC and AfriSam. With a solid experience in strategy development and execution, business development and M&A, strong financial and operational management, business performance and strategic turn around programs, project management from conceptual studies to financial structuring to implementation, using highly analytical skills and decisive leadership. Her in-depth understanding of growth opportunities across different industrial sectors, and specialist experience and in-depth knowledge of the African continent, local African market dynamics and unique geographic specific ecosystems is a distinctive advantage.

Roshni has the distinct advantage and specialist technical and commercial skills and experience in developing sustainable and economically feasible energy strategies, supported by robust implementation plans. Her most recent experience was the development of two co-generation projects up to bankable stage and contract signature, as well as feasibility studies on a number of solar and alternative energy projects.

SOLLY MOLOKO(B. Com – UNIN, B. Com (Hon) – UNISA, AMP – Harvard USA, MBA – Rutgers USA

Currently, as non-executive chairman at Power Matla (Pty) Ltd, a locally owned black empowered company with investments in various portfolios within the energy and ICT markets, Solly brings a wealth of experience to the board which he gained through the various marketing and executive positions he has held previously.

Previously an executive for Shell, AT&T and ESKOM, he gained valuable knowledge and experience in the various disciplines of strategic marketing and human resources.

Solly sits on eight different Boards of Directors and acts as Chairman on three boards. Previously he held board positions in Billion Group, Ariviakom, Eskom Finance Company, South Dunes Coal Terminal, Golang, Eskom Enterprises, Eskom Pension Fund, MEETI and African Tramways.

Currently Solly sits on various other company boards, which include SGB-SMIT POWER MATLA (Pty) Ltd, EduVod and others.

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We develop and operate photovoltaic and concentrated solar energy plants.

These plants are based on the conversion of sunlight into electricity, either directly using photovoltaics (PV), or indirectly using concentrated solar power (CSP).

Concentrated solar power systems use lenses, mirrors, and tracking systems to focus a large area of sunlight into a small beam.

Photovoltaics converts light into electric current using the photoelectric effect.

SOLAR POWER PLANTS

We develop and operate wind power plants in areas to replace or supplement the existing power grid.

Wind power, as an alternative to burning fossil fuels, is plentiful, renewable, widely distributed, clean, produces no greenhouse gas emissions during operation, consumes no water, and uses little land.

The net effects on the environment are far less problematic than those of nonrenewable power sources.

Wind power gives variable power which is very consistent from year to year but which has significant variation over shorter time scales. It is therefore used in conjunction with other electric power sources to give a reliable supply.

WIND POWER PLANTS

OUR OFFERINGSouth and Southern Africa is fortunate in that, over and above its rich coal resources, it is also well endowed with non-depletable resources, notably solar and wind. The country has an average of more than 2,500 hours of sunshine per year and average direct solar radiation levels range between 4.5 and 6.5kWh/m2 per day, placing it in the top-3 in the world. South and Southern Africa’s renewable energy sector has been benefitting from one of the most successful subsidy programmes in the world. The subsidies provided by the governments of the US, EU and Japan (collectively referred to as ‘the leaders’) lowered the cost of renewable energy to the point where they are most competitive with other forms of energy.

SOUTH AND SOUTHERN AFRICAN POTENTIAL

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The combined heat and power systems of a these plants enable economical and efficient electrical power generation.

The benefits of Cogeneration include significant reduction in carbon emissions and energy costs. And while typical combustion systems have an efficiency of about 40-50 percent, cogeneration systems that combine the power and heat generation processes can be up to 80 percent efficient.

In addition to reducing carbon emissions and contributing to sustainability goals, cogeneration offers many other benefits, including:

• Enhancing operational efficiency to lower overhead costs

• Reducing energy waste, thereby increasing energy efficiency

• Offering greater energy independence by moving a portion of the load off the grid

• Allowing companies to replace aging infrastructure

When combined with a renewable fuel supply, such as biomass or biogas, cogeneration is an environmentally responsible source of reliable, base load generation.

CO-GENERATION PLANTS

We develop and install solar roof panel projects for large commercial and industrial applications.

A photovoltaic (PV) system consists of one or more photovoltaic (PV) modules. One PV-module consists of about 36-72 photovoltaic solar cells. The cells convert the light into electricity. The PV modules are connected in a series called an array. Because PV Arrays are built with individual, linked PV modules, photovoltaic systems are exceptionally modular, which provides for easy transportation and rapid installation, and enables easy expansion if power requirements increase.

PV systems that are grid-connected or “grid-tied” applications need an inverter or power conditioner to convert the direct current (DC), generated by the PV-modules, into alternating current (AC).

The advantages of such a system are:• Renewable Energy Source• Reduces Electricity Bills• Diverse Applications • Low Maintenance Costs• Technology Development

SOLAR ROOF PANEL PROJECTS

This has translated into a massive benefit for successive users of renewable energy, including South and Southern Africa. Direct Normal Irradiation (DNI) and Global Horizontal Irradiation (GHI). The DNI map is used by developers of CSP (concentrating solar power) thermal power stations as well as CPV (concentrating photovoltaic) power stations to evaluate the available resource in an area for their technology. The highest DNI predicted in South Africa is now 3 200 kWh/m2 per annum in the Northern Cape.

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BENEFITS OF RENEWABLE ENERGYRENEWABLE & SUSTAINABLESolar radiat ion and wind is a completely non-depletable energy source. ENVIRONMENTALLY FRIENDLYEnergy from solar and wind has minimal impact on the natural environment.

EFFICIENTContinuously improving technology enables effect ive conversion to electr ical energy. COST EFFECTIVELongevity, low maintenance and no raw resource cost means good returns in a relat ively short t ime.

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PROJECTSVintage Energy has been involved in a number of renewable energy projects within South Africa. These are listed below.

• Solar farm – Northern Cape• Wind farm – Free State• Solar farm – Limpopo• Solar farms in Africa

Vintage Energy negotiates with landowners regarding suitability of land for solar farm projects. Feasibility studies are carried out and the following criteria are used:

• Road accessibility to farm - must be a well maintained road• Water availability• Geographical topography - the flatter the better• Access to main transmission lines• Solar radiation levels

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With the constant development of newer and better technologies in the renewables space we are able to test the boundaries of where we can incorporate renewables into our every day lives. Whilst people within South and Southern Africa may not be ready to rely 100% on renewables, we are moving towards a more balanced future where solar, wind and hydro play a more central role.

Research and development into renewable energy is an ever evolving happening and we will ensure that we constantly explore new avenues.

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SEO INTERNETANALYTICS

DIGITAL CONCEPTDESIGN

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SOCIAL MEDIASTRATEGY

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Ground Floor, Block B, Homestead Park

37 Homestead Road cnr 12th Ave, Rivonia, 2128

Postal Address Postnet Suite 148, Private Bag X75

Bryanston, 2021

+ 27 82 888 4577 M

+ 27 11 234 0008 T

+ 27 86 538 9857 F

[email protected]

www.vintage-energy.co.za

CONTACT US

Copyright 2018. Vintage Energy (Pty) Ltd

vintage energy€¦ · vintage energy profile. partners our partner power matla, a local south...

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