SPS launches solar buyout model to unlock capital for South African businesses
SUSTAINABLE Power Solutions (SPS), a leading pan-African funder, developer and operator of solar PV and battery storage plants in the Commercial & Industrial (C&I) market, has launched a new buyout model designed to unlock capital tied up in existing renewable energy systems.
Over the past decade, many South African businesses invested heavily in solar and battery storage to cut electricity costs and reduce exposure to loadshedding. While these systems continue to deliver savings, the capital locked into them has limited growth and reinvestment opportunities. SPS’s buyout model allows businesses to recover up to 100% of their original investment – and, in some cases, related costs such as roof strengthening or facility upgrades – while retaining the benefits of clean, reliable energy.
Under the model, SPS purchases a client’s existing system and reimburses the full installation cost. The business then enters into a 10- to 20-year Power Purchase Agreement (PPA) with fixed tariffs, ensuring predictable energy costs.
“This creates immediate capital relief for businesses, allowing funds to be reinvested into core operations,” says Anja Visagie, Chief Growth & Marketing Officer at SPS. “At the same time, clients retain renewable energy savings without the operational, compliance and maintenance burden.”
SPS assumes full responsibility for operations and maintenance, compliance, insurance and performance optimisation – addressing challenges many businesses underestimated when managing systems themselves.
The model also offers flexibility, including the option for clients to buy back their systems in future. Backed by British International Investment and other institutional shareholders, SPS ensures long-term reliability and compliance.
