Mulilo has achieved financial close on the 380 MW Beaufort West Solar PV facility in the Western Cape. The plant features a 250 MWAC export capacity and is connected to the Droërivier substation. The project is backed by Copenhagen Infrastructure Partners (CIP) and Norfund, with multi-bank funding from Absa, Standard Bank, Investec, and Nedbank.
The facility, once operational, will generate 818 GWh yearly which is sufficient to power 345,000 homes while offsetting 860,000 tonnes of carbon emissions annually. This project marks Mulilo’s fourth financial close in 2026, pushing their total renewable portfolio beyond 2 GW. With the addition of this facility, the company has officially exceeded its goal of deploying 1 GW of renewable energy annually.
In April 2026, Mulilo reached financial close on the 337 MWDC Middlepunt Solar PV project, under the South African government’s REIPPPP Bid Window 7. The project, located near Welkom in the Free State, will connect to the Everest MTS to generate 770 GWh of clean electricity annually. Once operational, the project will power approximately 325,000 households and offset 813,00 tonnes of carbon emissions annually.
