A consortium led by Mainstream Renewable Power last night received the award for Best Wind Deal, Middle East and Africa at the annual Project Finance International awards dinner held at the Hilton, Park Lane in London. Considered to be the most prestigious event in the global project finance calendar, over 800 of the world’s most senior and successful market professionals gathered to celebrate industry excellence. The Mainstream consortium received the accolade for 360 megawatts of wind projects it won under Round 3 of the South African Government’s highly successful Renewable Energy Procurement Programme. The three wind farms, which are located in South Africa’s Northern Cape, represent a combined investment of US$760m, reached financial close in early 2015 and are currently in construction with the first completed plant due to start commercial operation in July this year.
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