Nordex, the german wind turbine manufacturer has been awarded the contract for the delivery and installation of the 80 MW “Red Cap Kouga” wind farm near Port Elizabeth on a turn-key basis. The work includes the construction of the foundations and road access as well as cabling and the transformer station and is scheduled to start in April 2013.

The customer and ultimate operator of the Kouga project is Red Cap Kouga Wind Farm Pty. They are funded by Cape Town-based investment management firm Inspired Evolution, the Standard Bank of South Africa and the IDC.

 VERD Q.I.’s CEO Sabine Christiaens has advised Standard Bank of South Africa, as equity investor, on the EPC and O&M contracts and has assisted them in bringing the project to financial close.