OWN­ER­SHIP

CityPress - - Business -

Acciona owns 51% of the plant and Aveng 29%. Soul City and a com­mu­nity trust each own 10%.

Dur­ing con­struc­tion, more than R657 mil­lion was pro­cured from or sub­con­tracted to small and mi­cro en­ter­prises. Now that the plant is in op­er­a­tion, the project em­ploys 19 peo­ple, 16 of whom work at the plant and the other three em­ploy­ees work at the head of­fice in Cape Town. Six peo­ple are from the lo­cal com­mu­nity.

The plant’s devel­op­ment com­pany has com­mit­ted to al­lo­cat­ing 2.1% of its an­nual rev­enues, around R8 mil­lion, to com­mu­nity-devel­op­ment mea­sures.

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