Executive Summary

📊 Executive Summary: The RedBlu Power Station Project Opportunity Overview RedBlu PTY LTD, in partnership with lead project developer G7 Renewable Energies (Pty) Ltd, is offering a premier investment opportunity to participate in the financing and development of the RedBlu Power Station. Located across 1,500 km² of prime land in the strategic Eastern Cape Province of South Africa, this monumental 10,000 MW (10 GW) hybrid renewable energy facility is positioned to become the world’s largest co-located hybrid power plant. The project features a balanced integration of 5,000 MW of high-efficiency solar photovoltaic (PV) systems and 5,000 MW of state-of-the-art onshore wind power, seamlessly paired with a 2,000 MW / 8,000 MWh utility-scale Lithium Iron Phosphate (LFP) Battery Energy Storage System (BESS). By combining these complementary generation profiles with advanced storage, RedBlu overcomes traditional renewable intermittency to deliver stable, dispatchable, baseload-like clean energy directly to industrial consumers and regional grids. With a total Capital Expenditure (CAPEX) of USD 25 billion, an attractive unlevered project IRR of ~12%, and a levered equity IRR of 15–18%, this project represents a highly bankable infrastructure asset backed by a rapid 4-year payback period and a 25–30 year operational lifespan. What the Business Does & Project Rationale South Africa is trapped in a severe macroeconomic energy crisis driven by a supply deficit from an ageing coal fleet, resulting in persistent load-shedding that costs the economy billions annually. Concurrently, global trade frameworks (like the EU's Carbon Border Adjustment Mechanism) mandate a swift transition toward decarbonisation. The RedBlu Power Station solves these systemic challenges by injecting clean energy equivalent to approximately 20% of South Africa's current installed capacity into the regional ecosystem. To completely bypass national grid congestion and eliminate curtailment risks, RedBlu is constructing its own dedicated 200 km, 400 kV double-circuit transmission line and substation infrastructure. This independent infrastructure grid guarantees premium reliability, allows independent wheeling, and positions the plant to seamlessly export power across Southern Africa. Commercial Framework & Pre-Secured Offtake The project dramatically mitigates single-buyer concentration risk by diversifying its 10,000 MW capacity across four highly secure commercial market channels: Anchor Corporate PPA (2,500 MW): A fully executed, 20-year take-or-pay Power Purchase Agreement with Mercedes-Benz South Africa to power carbon-neutral manufacturing. Industrial Pool (4,000 MW): Signed framework agreements with 30 major Industrial Development Zones (IDZs) and Special Economic Zones (SEZs) across South Africa to feed intense industrial demand. Utility Offtake (2,000 MW): Allocated for dispatchable supply to Eskom and municipal distributors under firm capacity payment frameworks. SADC Export Tranche (1,500 MW): Pre-negotiated bilateral cross-border sales via the Southern African Power Pool (SAPP) to Namibia, Botswana, Zimbabwe, Zambia, and Mozambique. Investment & Partnership Requirements RedBlu PTY LTD is actively seeking matching financial and strategic partners to finalize the project’s 80:20 debt-to-equity financing structure ahead of the targeted financial close in Q3 2026.We are open to engagement with: Senior Debt Providers & Development Finance Institutions (DFIs): To fill the USD 17.5 billion senior debt layer (targeted 18-year tenor).Mezzanine Investors: To support the USD 2.5 billion subordinated debt tranche (12-year tenor with a 10% PIK coupon).Infrastructure Equity Partners / Clean Energy Funds: To participate in the remaining USD 5.0 billion equity pool alongside the project sponsors. Phased Implementation Schedule The project utilizes a modular, de-risked rollout program that generates early commercial cash flows: Phase 1 (Q4 2027): 3,000 MW solar and wind capacity online, commencing initial PPA deliveries and generating USD 4.5 billion in Year 2 gross revenue .Phase 2 (Q4 2028): Reaches 8,000 MW online with full ESS battery commissioning, achieving operational breakeven where daily revenue outpaces all operational and debt servicing obligations. Phase 3 (Q2 2029): Full 10,000 MW Commercial Operation Date (COD), driving Year 4 gross revenues to USD 28 billion and moving the project into a highly profitable cumulative recovery phase. Socio-Economic & Environmental Impact RedBlu is tightly aligned with South Africa’s Just Energy Transition (JET) framework. It will create over 15,000 direct jobs during peak construction and 2,500 permanent technical roles. Environmental benefits include offsetting 12 million tonnes of CO₂ annually and saving 50 million m³ of water per year compared to traditional coal generation. A 5% community trust equity stake is legally established to distribute an estimated ZAR 200 million in annual dividends directly to local Eastern Cape communities