Meet Etana Energy
Strong Industry Shareholders
Etana Energy’s shareholders and leadership team bring decades of local and international experience and a proven track record of delivering large-scale clean energy projects across South Africa.
H1 Holdings
A South African Renewable Energy Juggernaut
H1 Holdings is a 100% black-owned and managed investment company based in South Africa which was founded in 2000, and with a strong focus on power projects with a high ESG impact. H1 has a diversified portfolio of 2.8GW of renewable energy generation assets, including a hybrid project portfolio with 1.1GWh of battery storage, of which 1.9GW is in operation, and the rest in construction.
Chariot Transitional Power
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Chariot Transitional Power (CTP) is part of the AIM-listed Chariot Limited, an Africa-focused transitional energy group. CTP is an energy developer and independent power producer that develops and invests in innovative, fully-financed, energy solutions for mining and industrial offtakers across the African continent. CTP has more than 1GW of renewable and hybrid projects at various stages of development.
Standard Bank
Africa's largest bank
Standard Bank operates in 20 African countries and key global markets, offering a wide range of financial services, including personal and business banking, corporate and investment banking, and wealth management. Standard Bank is committed to achieving net-zero emissions by 2050 and supporting a just energy transition in Africa. The bank is actively expanding its financing for renewable energy projects, distributed energy systems, and associated energy infrastructure.
Norfund
Owned & funded by the Norwegian government
Norfund, the Norwegian Investment Fund for Developing Countries, is dedicated to creating jobs and improving lives by investing in businesses that drive sustainable development. Norfund focuses on sectors such as clean energy, financial institutions, and green infrastructure. Norfund invests in renewable energy to increase energy access and supply in developing countries. It supports projects in solar, wind, hydropower, biomass, and geothermal energy, aiming to accelerate the transition towards a carbon-neutral economy.
Our Financing Partners
Etana Energy is proud to be backed by world-class financial institutions committed to accelerating South Africa’s clean electricity transition.
In 2024, we secured a landmark R1.8 billion guarantee facility with GuarantCo (part of the Private Infrastructure Development Group) and British International Investment (BII), the UK’s development finance institution.
Standard Bank, Africa’s largest bank has also provided a R1 billion payment guarantee facility.
These partners share our belief in market innovation and back our model for unlocking low-carbon electricity at scale.
Our Values
Sustainability & Environmental Stewardship
Sustainability is core to our identity, and we focus only on low carbon energy.
Shared Value
We aim to create value for everyone involved, including partners, customers, communities and the country at large.
Integrity
Transparency and fairness is at the core of how we operate.
Our Trading Licence
Etana was issued an energy trading licence by the National Energy Regulator of South Africa (NERSA) in May 2022. This license authorises Etana to buy and sell electricity in South Africa, on both Eskom and municipal electricity networks (where wheeling tariffs are in place).
