Investment Opportunity

1. Utility Scale Renewable Energy Power Plant Developers
ALOE INVESTMENTS ROSHSKOR SOLAR POWER PROJECT

2. Aloe Investments No. 27 Pty Ltd a 100% Namibian owned company was created as a single purpose vehicle to participate in the electricity supply industry, and particularly for the proposes of developing a Solar PV power plant in the Rosh Pinah area (mining as the main economic activity) of southern Namibia, Karas region. The power plant is envisaged to be built using the most efficient photovoltaic (PV) technology available and best suited for the Namibian conditions.
Who we are…

3. Aloe Investments 27 seeks to:
Alleviate inadequate business relationship between SMEs and large businesses
Realize equal opportunities for income distribution through the development of the Electricity sector.
Increase sustainable economic growth.
Increase the creation of employment opportunities; and skills development of the ESI.
Bring development to the Karas region.
Who we are…

4. Aloe Investments # 27 (Pty) Ltd signed a PPA letter of intent with the RoshSkor Town Management, for the development of a 4.9MW PV plant in the Rosh Pinah Town land area. The supply would be to the mining activity in the area, consisting of 2 zinc mines. The agreement entitles Aloe Investments to acquire 15 ha of land in the territory of the town land area of RoshSkor.
The urban area surrounding Rosh Pinah is supplied by a medium voltage line of 66kV.
The mining activity in the area is supplied by a high voltage line of 400kV, supplied directly from Eskom, South Africa, therefore the necessary infrastructure is in place.
Project Specifics
Aloe Investments RoshSkor PV Plant project has been sized in accordance with the recent procurement mechanism requirements for Renewable energy developments in Namibia.
Rosh Pinah

5. Earth co-ordinates: -27.967151, 16.757841

6. The plant will be located in an area with some of the highest DNI levels in the country, in a region considered to have the highest DNI levels in the world.
Resource Criteria
DNI > 2400 kWh/m2/year
DNI Levels Namibia

8. LOCATION: ROSH PINAH CO-ORDINATES: 27 56’24.69” S 16 42’40.69” E OUTPUT: 4.9MW COST OF PROJECT: US$ 16.2 MILLION (N$ 178 200 000.00 ESTIMATE) PPA: 25 YEAR ROSH PINAH OFF-TAKE AGREEMENT CONSTRUCTION: 6- 8 MONTHS TARGET OPERATION: FEBRUARY 2016

9. Site Analysis
Location
Rosh Pinah
Land
Ownership (government, communal, private)
Use (grazing, game park, agriculture, reserve, park, urban, resettlement)
Private
Agriculture
Any barriers/shadings
Some areas surrounded by mountains which will cast some shadows in the early morning and late afternoon.
Any limitations for
PV technologies
No
Soil analysis
Type (according to
FAO World
Reference Base for
Soil Resources)
Visual inspection
Slope (average)
Slope (maximum)
Leptosols
Both sides of the road display the same features. Sandy soil, low bushes, some cactus and species that require analysis. Soil is flat.
1.92
5.98
Solar radiation
DNI – Direct Normal Irradiation
GHI – Global Horizontal irradiation (source – Geomodel)
2655
2278
Ambient temperature (avg.)
Humidity (max & min)
Wind speed (avg.)
Wind direction (avg.)
Rainfall (avg.)
16-17
70 & 20
7.50
176
50-100
Populations nearby?
Number of people (5km radius)
0.01-1

10. Site Analysis continued.
Location
Rosh Pinah
Endemic/protected
fauna in the site
Spotted
Verification required
Endemic/protected
flora in the site
Spotted
Verification required
(mention the source)
List of the endemic or
protected species
There are four succulent
species spotted.
3 not listed in red data list, but
the distribution range is
restricted. 1 in the red list:
Endemic and rare
Sarcocaulon patersonii, Augea capensis, Mesembryanthemum sp, Euphorbia namibensis
Environmental and social
concerns
Landscape
An access road transporting staff and mining products passes through the middle of the site. An agreement is in place with the management company of the mining area in support of this development.
Displacement
The site falls within a mining concession. There are no human
settlements on site, nor are livelihood activities carried out on the proposed site
Wildlife impact
No wildlife impact
Wildlife impact
The site appeared not to have any cultural values during the rapid assessment. Since it is part of a private land, the likelihood of any special utilization for cultural and traditional activities is very low.
Others
Soil erosion and soil pollution, during construction and operations; and decrease in aesthetic value of area depending on technology selected.

11. The pole in the foreground (left) is the main supply from NamPower.
From this connection the lines go to the two (2MVA) transformers. (seen on the photo)
Infrastructure

12. Infrastructure

13. Investment Offer:
Investment Required US$ 16.2 Million
US$ 13.2 Million Setup cost
US$ 3 Million to acquire 60% stake in the company
Payment Terms:
US$ 1.5 Million on signing agreement
US$ 1.5 Million on transfer of shares
US$ 13.2 Million once all other documentation finalised and accounts signatories amended and work is to commence

14. Guarantee on Investment:
1. PPA agreement in place with Rosh Pinah Mine guaranteeing US$ 3 million annual return for electricity supply for 25 years
US$ 1 800 000.00 return per year for 25 years
Equates to US$ 45 000 000.00 return on investment
Guarantee to be first partner option on second phase supply of 4.9 MW

15. The End......
Mr. Brian Kahengombe
Unit 2 Joule Street
Windhoek, Namibia
Cell: +264 811 500 723 Cell: +264 811 481 428
Email: briank@iway.na
Email: kinvest@gmail.com