Solvanta Renewables — Management & Governance

The executive team, the board and governance and the organisational build underpinning Solvanta.

Solvanta Renewables Business PlanSection 15 › Management & Governance

Section 15 · Business Plan

Management & Governance

The executive team, the board and governance and the organisational build underpinning Solvanta.

Executive team

Role Mandate Required profile
Chief Executive Officer Strategy, capital raising, key offtaker relationships 15+ yrs renewable infrastructure; REIPPPP-era development track record
Chief Financial Officer Project finance, treasury, investor relations Infrastructure project finance; DFI transaction experience; CA(SA)
Chief Operating Officer Construction delivery, O&M, HSE Utility-scale EPC/owner’s team delivery of >500 MW
Chief Technology Officer Technology selection, digital platform, BESS strategy Power systems engineering; storage integration; trading systems
Head of Development Land, EIA, grid, permitting pipeline Grid access and permitting expertise; NTCSA/Eskom networks
Head of Trading (TradeCo) Trading licence, balancing, wheeled book Licensed energy trading experience; settlement systems
Head of Commercial PPA/RESA origination, key accounts C&I energy sales leadership; legal-commercial structuring

Board and governance

The board comprises seven directors: two executive, two
investor-nominated, and three independent non-executives including an
independent chair, with audit & risk, investment, and social &
ethics committees constituted per King IV. Investment governance runs a
stage-gate system, development capital released against milestone gates
(site control, EIA record of decision, grid budget quote, anchor offtake
heads of terms), with full investment committee approval required before
EPC award and financial close. Delegation-of-authority limits and
independent engineer sign-off protect minority investors and lenders
from development-stage discretion.

Organisational build

Headcount scales from 38 (FY2027) to approximately 210 (FY2031),
weighted toward development and commercial roles in the early years and
operations roles as the fleet commissions. Staff costs rise from R88
million to R375 million over the plan, held at or below 7% of revenue
from FY2029. Scarce-skills risk (grid engineers, traders, BESS
specialists) is managed through the learnership pipeline, retention
equity in the management incentive plan (10% of HoldCo fully diluted),
and Cape Town’s deep renewable-sector talent pool.

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 Solvanta Renewables (Pty) Ltd.