Renewable

Renewable(Page 2)

Hardferm biogas plant, to be constructed by a Finnish company Doranova Oy and its Namibian partner Alpha Namibia Industries Renewable Energy Power Limited. When completed, the plant will turn sewage waste and farming residuals into electricity, heat and biofertilizers. The plant will improve sanitation in Ondangwa as well as reduce the town’s dependency on imported electricity.

Africa’s biggest pension fund, the Public Investment Corporation of South Africa (PIC), with assets worth over N$2 trillion, made its first investment in Namibia’s capital markets after its subscribed to 5 300 000 shares in Namibia Stock Exchange (NSX) listed Alpha Namibia Industries Renewable Power Limited (ANIREP) in a transaction valued at N$53 million.

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"ANIREP" Alpha Namibia Industries Renewable Energy Power Limited was established for the purpose of facilitating the investment of long-term capital in infrastructural renewable energy projects in Namibia and Sub-Sahara Africa.