Stag Moqhaka Renewable Energy Project (Pty) LTD

Stag Moqhaka Renewable Energy Project (Pty) LTD acquired on August 18, 2022 and has secured a tender to supply Moqhaka Municipality (Kroonstad) with alternative electricity. The company has done extensive research to ensure the feasibility of this project. The project will be the first in South Africa, which makes it an exciting venture for both local government and all the stakeholders involved in this project.

• Convinced of the importance of investment with knock-on effect on the economy of the country and creation of employment.
• Considering that the IIB-DG is a company located in Washington DC, United States of America, which has significant development resources (technical, physical, financial, management capacity) and wishes to participate in the design, financing, construction and execution of the project.
• Considering that the owner wishes the projects to be carried out and financed by IIB Development Group, LLC.
• Considering that the owner and IIB Development Group, LLC are ready to cooperate and wish to jointly pursue, in the form and manner agreed upon in the final agreement, the execution and financing of the project.
• Considering the need to define a frame of reference called to govern the business relations between the Parties.