Helios Nexus Energy — ESG & Development Impact

The carbon-avoidance impact, the environmental programme, the regional development contribution, the jobs and the governance underpinning Helios Nexus.

Helios Nexus Energy Business PlanSection 11 › ESG & Development Impact

Section 11 · Business Plan

ESG & Development Impact

The carbon-avoidance impact, the environmental programme, the regional development contribution, the jobs and the governance underpinning Helios Nexus.

11.1 Climate and development impact

Helios Nexus is, by its nature, a climate-finance asset. By Year 10
it will generate more than 14 TWh of renewable electricity annually and
avoid over 18 million tonnes of CO₂ per year by displacing coal-fired
generation, directly advancing South Africa’s Nationally Determined
Contribution and just-energy-transition commitments. It will create
approximately 6,000 direct jobs and support over 25,000 indirect jobs,
improve energy security across Southern Africa, facilitate industrial
decarbonisation, and mobilise over R28 billion of infrastructure
investment.

Figure 22
Figure 22 — Development impact: CO₂ avoided and jobs supported through the build-out

11.2 Green finance and ESG alignment

  • Direct alignment with climate-finance mandates, green bonds,
    energy-transition funds and sustainability-linked financing — the
    deepest, fastest-growing infrastructure capital pools
  • A dedicated R3.0bn green-bond tranche, ring-fenced to eligible
    renewable assets with independent use-of-proceeds and impact
    verification under the Green Bond Principles
  • Environmental-markets division generating verified carbon credits
    and RECs, monetising and certifying the platform’s climate
    impact
  • IFC Performance Standards and Equator Principles as the
    governance baseline for DFI participation

11.3 Social and governance

  • B-BBEE participation, community ownership and local content per
    REIPPPP-style economic-development requirements
  • Skills development and SMME/supplier development across solar,
    wind, BESS and trading operations
  • Energy security and industrial competitiveness — enabling mining
    and manufacturing to decarbonise and stabilise energy costs
  • Regional energy access and integration through SADC expansion,
    supporting development beyond South Africa’s borders

11.4 Quantified impact and the just energy transition

Helios Nexus’s impact is material, measurable and aligned with South
Africa’s Just Energy Transition Partnership and Nationally Determined
Contribution. The platform contributes directly to the national
decarbonisation pathway while creating employment and industrial
competitiveness.

Impact dimension Year-10 target Contribution
Renewable generation 14+ TWh/year Displacing coal; energy security
CO₂ avoided 18+ Mt/year NDC and JET-P decarbonisation pathway
Direct employment ~6,000 jobs Construction, O&M, trading, corporate
Indirect employment 25,000+ jobs Supply chain, community, induced
Investment mobilised R28.8 bn Infrastructure; crowding-in private capital
Industrial decarbonisation Mining & manufacturing Green power for hard-to-abate sectors

The just-transition dimension is central to the platform’s social
licence and its access to concessional capital. By creating employment
in renewable construction and operations — including in coal regions
such as Mpumalanga as the fleet retires — supporting community ownership
under REIPPPP-style economic-development requirements, and enabling
energy-intensive industry to decarbonise and remain globally competitive
under carbon-border adjustment mechanisms, the platform aligns
commercial return with national transition objectives. This alignment is
what unlocks the deepest pools of DFI, green-bond and climate capital,
and it is integral to the investment case rather than an adjunct to
it.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Helios Nexus Energy Holdings (Pty) Ltd.