Appian to acquire the majority shareholding in Rosh Pinah Solar Park
Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively supply clean energy to portfolio company, Rosh Pinah Zinc Corporation, for its mine in Namibia. Appian says the solar plant will reduce Rosh Pinah Zinc’s cost of energy by 8% for the next 15 years, cover 30% of the mine expansion project’s energy requirements, diversify Rosh Pinah Zinc’s sources of energy and improve price security through a fixed nominal rate offtake agreement.
Metals and mining private capital investor Appian Capital Advisory has announced that it will acquire the majority shareholding in Rosh Pinah Solar Park (RPSP) from Emesco Energy to exclusively supply clean energy to portfolio company, Rosh Pinah Zinc Corporation, for its mine in Namibia. Appian says the solar plant will reduce Rosh Pinah Zinc’s cost of energy by 8% for the next 15 years, cover 30% of the mine expansion project’s energy requirements, diversify Rosh Pinah Zinc’s sources of energy and improve price security through a fixed nominal rate offtake agreement.
