Shiv M Energy – My WordPress Blog

ShivM Energy intends to become an Independent Power Producer (IPP) that develops, owns, procures, constructs and operates renewable energy power projects in the Renewable Energy Independent Power Producer Procurement, REIPPP Programme.

We have over 12 years of experience in Renewable Energy and intend to focus on collaboration, community and stakeholder relations as well as socio-economic development at the forefront of everything that we do.

ShivM Energy is a 100% Black Women Owned Equity Company

Shiv M Energy is positioned strategically to partner with IPP’s that have a shared vision to change the socio-economic landscape of South Africa. We have built a credible track record and received project funding support from SA’s leading banks and development finance institutions.

The company has also been involved in the Engineering, Procurement and Construction (EPC) of small and large projects with the intention of partnering with leading EPC’s for the construction of projects as well as asset management.

Shiv M Energy is ideally positioned and looking for strategic partners to participate in the REIPPP BW5. We have a credible track record, with support from the PIC, IDC and DBSA for equity funding.

Our Vision: To become an impactful and leading Black Women Owned Independent Power Producer

Our Mission: To develop, own and operate renewable energy projects that enable socio-economic transformation in alignment with the UN Sustainable Development Goals

Socio-Economic Development & Sustainability

Socio-economic development is at the forefront of everything that we do. Our socio-economic investment include projects in agriculture, education, health and infrastructure.

We believe that in order to achieve sustainability in projects, there needs to be a vigorous programme which includes monitoring and reporting of the impact indicators.

We need to move away from the donor-based mentality to initiatives that apply skills transfer and growth and sustainability initiatives in collaboration with both the private and public sector.

To find out more about our socio-economic development focus visit www.devrani.co.za

Through our collaborative work with our Clients and key Stakeholders we have contributed towards 13 of the SDG’s.

OUR SERVICES

For equity transactions, Shiv M Energy participates in the typical 4 gate transaction process as follows:

PLANNING

STRUCTURING AND SCREENING

NON-BINDING OFFER PROCESS

LEGAL DOCUMENTATION, COMPLIANCE AND CLOSURE

VALUE PROPOSITION

PLANNING

Receipt of transaction documentation including Information Memoranda (“IM’s”), teasers, process design and process documentation
Receipt of applicable financial and operational information including historical and forecast financial performance

STRUCTURING AND SCREENING

Transaction structuring
Valuation and pricing
Agreement on broad commercial terms
Identification and incorporation of any debt/equity partners

NON-BINDING OFFER PROCESS

Financial, tax, legal and technical due diligence
Management interactions
Confirmation of financing structures
Drafting and negotiation of legal documentation

LEGAL DOCUMENTATION, COMPLIANCE AND CLOSURE

Execution of final transaction agreements
Negotiation, review and execution of finance documents
Sign off of conditions precedent
Transaction close

VALUE PROPOSITION

We have over 12 years of experience in the SA REIPP programme as one of the pioneers of the industry across the different phases from tender to financial close, construction and operations and maintenance phases.
Our Asset Management team has a unique blend of skills to ensure the optimal operation, longevity and efficiency of Renewable energy plants, while managing contracts, stakeholder engagement, inventory and the matrix of financial and regulatory reporting required.
We have assisted over 35 projects with their economic development requirements which includes Ownership assessments and developing the key qualification criteria, developing the ED strategies which includes the sourcing of local suppliers, developing procurement, enterprise development, supplier development and skills development plans, community needs assessments and project due diligences.
Shiv M Energy has Board, Director and Trustee experience – ShivM Energy founder, Ugeshree Thakurpersad served as a Board Director of the Spanish Chamber of commerce for three consecutive years as the only Black Female Director. She also served as a Trustee on numerous community trusts and has recently been appointed as the Chairperson of the Sya’Phanda Board, a Pepkor supplier and enterprise funding initiative. She is also the founder and Executive Director of DevRani Consult.

100

MEGA WATT

Project Development Experience

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MEGA WATT

Due Diligence Projects

PROJECTS

Economic Development Project Work
7 out of 9 provinces in South Africa

MEET THE TEAM

Ugesh is the founder of Shiv M Energy. Her journey in Renewable Energy (RE) began in February 2009 when she took up the challenge to spearhead the Wind Programme at Exxaro Resources and led the development of the Tsitsikamma Community Wind Farm. She went through a huge learning curve and realised her passion for transformation at both a community and corporate level. She subsequently chose to leave a 12 year successful corporate career and founded her own consultancy specialising in economic development during 2012. She developed a large client base of multi-nationals and was contracted to various projects from tender phase to operations phase.

During 2020, the Renewable Energy Independent Power Producer Program (REIPPP) was revived after over 5 years and presents an opportunity for the procurement of Renewable energy over a series of bid windows, including Bid Window 5 (BW 5), with closing date 16 August 2021 of which 1 600 megawatts will be from wind and 1 000 megawatts from Solar PV.

The economic development requirements, however onerous, is hugely important for South Africa’s socio-economic growth with a new requirement being a minimum 5% Black Women Owned entity in the Ownership Structure and 25% Black ownership in the EPC.

William Swart

is an energetic individual who is a problem solver that thrives when challenged by complex and difficult tasks. His passion is renewable energy and views energy supply as a fundamental need in modern society with finding his niche in engineering renewable and economical, solutions to effectively meet this need.

Will is a recent University graduate who was an Engineering Intern at Rhino Energy Solutions. This role has allowed him to gain insight and invaluable exposure to full spectrum solar PV system design and implementation.

Will was also part of a team which designed and implemented a successful outbound marketing campaign and has worked as a technical advisor on two projects in the RMIPPP.

His Dissertation: “Evolving solar cell technology and its application in rural South African communities”, has helped him apply the theoretical knowledge gained to implementation.

Will is currently registered for the PG (Dip) Mechanical Engineering in Renewable Energy at the University of Stellenbosch.

Calisto Kondowe is a socio-economic development expert. He worked for organisations such as United Nations Children’s fund as a Community Development Specialist, MillaSA as a Senior Researcher, Siyakha Consulting as a transformation Specialist, and Global Africa Network as a Business Analyst. He has worked in areas of research, community development, strategy formulation and development as well as project management. Calisto has wide experience in managing research around employment, youth development, immigrant youth and livelihood and accomplished several consulting services for various organisations on BEE, Transformation, CSI, employment and educational issues. Moreover, Calisto has done research around small business challenges in South Africa, public sector development, organisation development and development management.

In his journey in the research career Calisto has been acquainted with research around labour and migration, community development, youth and women and inclusion in the workplace and immigrant youth and their livelihood strategies among others. Calisto is currently a PhD student at UCT and interested in the role of ICTs in migration labour and socio-economic development. His career is one that is inspired by desiring to transform inter and intra-global relations, policies and programmes from the bottom up towards making them just and making the world a better place.

Ricardo De Souza began his career in the Broad-Based Black Economic Empowerment sector in 2009. He was a director at NERA Advisory Services and was also a SANAS accredited Technical signatory at National Empowerment Rating Agency (NERA).

Through the vetting and implementation of structures alongside reputable law firms, corporate financiers, and other industry leaders, Ricardo has become a specialist with regards to the B-BBEE legislation. Ricardo’s B-BBEE expertise span numerous industries with a clientele comprising of multinationals and JSE listed entities. Ricardo’s exposure to the SANAS verification procedure, application methodologies, and interpretations of the B-BBEE legislation ensure his clients are well prepared for their annual B-BBEE verification. Ricardo has an exemplary track record of assisting a wide spectrum of clientele in reaching their required B-BBEE Contributor Status Levels. Ricky is the co-founder and Director at Thrive Corporate Advisers.

OUR ASSOCIATES

TESTIMONIALS

“Great ESD specialist with both strategic and practical experience with communities on the ground. Very professional and deliverable driven, offering good money for value and never leaves the client unsatisfied”

Noxolo KahlanaExecutive Manager, Mintirho Foundation at Coca-Cola beverages SA

Ugesh Thakurpersad

William Swart

Calisto Kondiwe

Ricky De Sousa