We are an active, licensed trader already supplying renewable electricity to customers in major cities like Johannesburg, Cape Town and Nelson Mandela Bay.
With our first project already in operation, several in construction and a secured pipeline of shovel-ready wind and solar projects with grid connection, we have the capacity to deliver renewable energy in the near term.
Meet Etana Energy
Vetted and Backed by Strong Local and International Shareholders and Guarantors
Our Shareholders
Our shareholders bring decades of local and international experience and a proven track record of delivering and financing large-scale clean energy projects across South Africa and beyond.
H1 Holdings
A South African Renewable Energy Juggernaut
H1 Holdings is a 100% black-owned South African investment company, founded in 2000, focused on high-ESG power projects. Its 2.8GW renewable portfolio includes hybrid projects with 1.1GWh battery storage, of which 1.9GW is operating and the remainder under construction.
Norfund
Owned and Funded by the Norwegian Government
Norfund invests in businesses driving sustainable development. It focuses on clean energy, financial institutions and green infrastructure, supporting solar, wind, hydropower, biomass and geothermal projects to expand energy access and accelerate the carbon-neutral transition.
Chariot Transitional Power
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Chariot Transitional Power (CTP), part of AIM-listed Chariot Limited, develops and finances renewable energy solutions for mining and industrial offtakers across Africa. An independent power producer, CTP has over 1GW of renewable and hybrid projects at varying development stages.
Standard Bank
Africa's Largest Bank
Standard Bank operates in 20 African countries and global markets, offering financial services from personal and business banking to corporate, investment and wealth management. Committed to net zero by 2050, it is expanding financing for renewable projects, energy and infrastructure.
Our Guarantor Partners
Etana Energy is proud to be backed by world-class financial institutions committed to accelerating South Africa’s clean electricity transition.
With the support of GuarantCo, British International Investment (BII) and Standard Bank, we have secured R2.8 billion in payment guarantee facilities, giving us the runway to deploy 700 megawatts of renewables in the near term.
Meet Our Executive Team
Our leadership team brings a combined 100+ years of local and international energy experience. We leverage this deep knowledge to develop innovative, customer-centric solutions that prepare you for the opportunities of the emerging wholesale market.
Evan Rice
Chief Executive Officer
Jay Govender
Chief Commercial & Legal Officer
Krayvasan Govender
Chief Financial Officer
Sam van Embden
Head of Analytics & Trading
Nimal Chabilall
Head of Operations
Jevon Martin
Head of Business Development
Etana was issued an energy trading licence by the National Energy Regulator of South Africa (NERSA) in May 2022.
This licence authorises Etana to buy and sell electricity in South Africa, on both Eskom and municipal electricity networks (where wheeling tariffs are in place).
Our Trading Licence
Image courtesy of ACCIONA Energía