The First
Vecteng's vision for building and operating infrastructure began with the development and financing of RustMo1 Solar Farm, a 7 MWp solar PV power plant. RustMo1 was the first project to reach Commercial Operations as part of RE-IPPPP BW1 and was established by Momentous Energy, who is a member of the Vecteng Group.
The Capability
The Vecteng team has over a decade of experience in Public-Private Partnerships (PPPs) and in managing Engineering, Procurement & Construction (EPC) and Operations & Maintenance (O&M) contracts. Over the years Vecteng has cultivated strategic partnerships with leading international and local partners with cumulative technical, operational and financial expertise.
The Strategy
The overall condition rating of South Africa's infrastructure is a D-rating, which entails a risk of failure, as per The South African Institution of Civil Engineering's (SAICE) 2022 infrastructure report card. PPPs are the key to unlocking the massive infrastructure investment opportunities. Aligning itself to the United Nations SDG goals for affordable, clean energy (SDG 7), Vecteng's focus is on providing clean energy and energy infrastructure to ensure a sustainable future.
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