Kouga locals catch the wind

accreditation
(Picture: AFP)
(Picture: AFP)

Johannesburg - The historically disadvantaged community of the Kouga municipality in the Eastern Cape will own 40% of the Gibson Bay wind farm community trust, Red Cap Investments said on Wednesday.

The company won a R2.25bn bid for the farm from the energy department on Tuesday.

It was expected to start exporting power to the Eskom grid in 2017.

Red Cap describes itself as a 100% South African-owned and managed renewable energy developer.

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