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Growthpoint acquires 30% stake in power plant
The Citizen
|October 23, 2025
JSE-listed property group Growthpoint has acquired a 30% stake in the 5MW Boston Hydro power plant near Clarens in the Free State.
This follows its earlier signing of a power purchase agreement (PPA) with licensed electricity trader Etana Energy that sees Growthpoint as offtaker of the full 30GWh the plant is expected to produce annually.
Boston Hydro reached commercial operations a week ago and is now delivering clean energy that is wheeled through the Eskom network to 10 of Growthpoint’s buildings in Sandton.
Dit verhaal komt uit de October 23, 2025-editie van The Citizen.
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