Partners

To date, NamEnergy has concluded several cooperation and partnership agreements with renowned international strategic partners to pursue investment opportunities in the areas of power generation inclusive renewable energy, petroleum trading as well as other infrastructure development. Some of the strategic partners with who NamEnergy has established business relationship and partnerships:

Partnerships at operational / functional stage

World Marine

Providing bunker fuel in Namibia (since 2010).

SK Shipping

Bulk supplier of bunker fuel (since 2010).

Air Namibia

Cargo carriage (through Nuwal Management Serv).

Partnerships at MoU / JDA stage

SunTech

Jointly developing a 30MW solar plant in Namibia. Signed a MoU in April 2011. Signed a Joint Development Agreement in June 2011.

CAD Fund

Will provide funding for the development of a 30MW Solar Power plant at Arandis, Namibia. CAD Fund visited the site of the envisaged solar power plant in August 2011. CAD Fund may consider a taking up minority equity. CAD Fund is also investigating financing of other infrastructural projects in which NamEnergy has an interest.

Building Energy

Signed a Partnership Agreement to participate in the 3 x 10 MW Solar PV tender of MME / NamPower / ECB.

Partnerships at operational stage

LukOil (LITASCO)

Exploring for oil & gas opportunities in Namibia.

ENOC (HTL)

Exploring for tank farm infrastructure investments.

Aqua Engineering

Submitted a joint bid for 2nd desalination plant.

Group 5

Exploring opportunities for large civil work contracts.

AfriTech

Pursuing the possible supply of fuel to Botswana.

NamEnergy has established strong relationships with state utilities in the energy sector, and it is currently forging new relationships with other state utilities in the water, ports and agricultural sector.

NamEnergy primary partnership drive is to become a leading local investment company in Namibia by 2020 with a diversified portfolio which include not only equity ownership, but also an engineering consultancy firm, specialised logistic solutions provider in the energy and related infrastructure sector as well as a leading local petroleum trading company. To realise this vision, NamEnergy places greater emphasis in cautiously selecting its strategic partners that shares its vision and philosophy and partners that believes in Namibia’s potential and can contribute meaningfully in its economic development.