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Consortium Of SolarReserve, Kensani And Intikon Completes $586 Million Financing For Two South African Solar Projects

About SolarReserve

SolarReserve, LLC – headquartered in Santa Monica, California – is a developer of large-scale solar energy projects with activities worldwide.  SolarReserve has commercialized the world's leading solar thermal energy storage technology utilizing molten salt in a power tower configuration. SolarReserve's team of power project professionals have assembled an extensive 4,000 MW development portfolio of large-scale solar projects featuring its advanced solar thermal technology (also referred to as concentrated solar power or CSP) as well as projects utilizing photovoltaic technology. SolarReserve's lead CSP project, the 110 MW Crescent Dunes Solar Energy Project located in Nevada, started construction in September of 2011 and is the world's largest molten salt power tower project and includes 10 hours of full-load integrated energy storage.

For more information: www.SolarReserve.com

U.S. Media Contact: Andi Plocek, SolarReserve, Andi.Plocek@SolarReserve.com

About the Kensani Group

Kensani Capital was established in 1997 to support women in business and create financially independent entrepreneurs from the prospects emanating from economic empowerment. Since then, Kensani has grown to become a leading and experienced empowerment player in the Southern African infrastructure market. Kensani delivers a holistic solution to clients and partners, throughout the infrastructure value chain, including project and corporate finance advisory, empowerment equity investment, construction and operations and maintenance

Media Contact: Coenraad Krige: coenraad@kensanicapital.co.za



About Intikon Energy

Intikon Energy is an international developer and owner of renewable energy projects in both the wind and solar sector.  The proponents involved with Intikon Energy have developed in conjunction with international partners more than 250 MW of wind projects and 500 MW of solar projects globally.  Intikon has a strong presence in both South African and Australian Markets. 

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