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Investec funds Sustainable Power Solutions (SPS)'s 5MW Slimsun Too Phase 2 solar project

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Our role

Investec provided funding to SPS Group for the construction and operation of the Slimsun Too Phase 2 solar photovoltaic (PV) facility.

The project comprises a 5MW solar PV installation located on Farm Eenboom in the Malmesbury district, adjacent to the existing Slimsun Too Phase 1 project. The facility will connect to the Eskom Eenboom substation situated on site. Electricity generated by the project will be sold to Energy Exchange under a 10-year power purchase agreement (PPA) on a wheeled basis.

The project is currently under construction and is expected to reach completion in Q3 of 2026.

The transaction advances Sustainable Development Goal 7 (affordable and clean energy) and Goal 13 (climate action) by expanding utility-scale renewable energy capacity and accelerating the decarbonisation of South Africa’s energy system.

This transaction was executed through close collaboration with our Treasury Sales and Structuring team.

About Sustainable Power Solutions

Sustainable Power Solutions (SPS) Group designs, installs, operates and maintains commercial and industrial (C&I) solar photovoltaic (PV) systems for private consumption, with projects ranging from 80kWp to 10MWp.

To date, SPS has commissioned more than 300 solar and storage projects across Sub-Saharan Africa, representing over 150MW of installed capacity. The group delivers grid-connected, hybrid (solar and genset) and off-grid storage solutions tailored to commercial and industrial clients.

SPS has embedded generation assets in South Africa and Namibia, with individual projects typically ranging from 100kWp to 5000kWp. The business maintains longstanding relationships with major property and corporate clients across multiple sectors.

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