• Growthpoint Properties has acquired a 30% stake in Serengeti Energy’s 5 MW Boston hydro plant near Clarens in the Free State, strengthening its drive toward renewable energy and energy security.

The run-of-river facility, built on the Ash River within the Lesotho Highlands Water Scheme, began construction in late 2023 and now generates around 30 GWh of renewable electricity annually. The power is wheeled through the Eskom grid and traded by Etana Energy to supply Growthpoint’s commercial buildings nationwide.

Boston Hydro is the largest of six hydro facilities along the Ash River and Serengeti Energy’s fourth operational hydro plant in South Africa. It forms a…