Sharenet Sites 
Sharenet Sites
EDF Renewables awards OptiPower in consortium with Concor Construction projects in South Africa
MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN: ZAE000073441
(“Murray & Roberts” or the “Group”)
EDF RENEWABLES AWARDS OPTIPOWER, IN CONSORTIUM WITH CONCOR CONSTRUCTION,
A MAIN TRANSMISSION SUBSTATION AND TWO WIND ENERGY PROJECTS IN SOUTH AFRICA
The Group is pleased to announce that OptiPower (a trading division of Murray & Roberts Limited), in
consortium with Concor Construction, has been awarded contracts by EDF Renewables (Pty) Ltd, with a
combined value of circa R1,2 billion attributable to OptiPower. These awards follow the Group’s Power,
Industrial & Water (“PIW”) platform’s ongoing and active engagement with Independent Power Producers
who were shortlisted for projects in the South African renewable energy sector.
The consortium has concluded engineering, procurement and construction balance of plant contracts for
the Koruson 400/132kV Main Transmission Substation and the 140MW San Kraal and Phezukomoya
Wind Energy Facilities, located on the boundary of the Eastern Cape and Northern Cape provinces.
EDF Renewables is a subsidiary of EDF Renouvelables and currently operates four wind farms in South
Africa.
The Group expects that the increasing investment in utility scale renewable energy projects in South
Africa, will enable the PIW platform to return to profitability in the near term.
Notice in terms of Section 45(5) of the Companies Act, 71 of 2008, as amended (“the Act”)
At the Company’s annual general meetings over the past years, Shareholders have approved and passed
the special resolution in terms of Section 45 of the Act which authorises the granting of financial
assistance.
Accordingly, this serves as written notice that the Board has passed resolutions approving the provision
by the Company of financial assistance in the form of a guarantee to its subsidiary, in relation to the
contracts outlined above, as contemplated and in accordance with, inter alia, Sections 4 and 45 of the
Act.
Shareholders are advised that this notice is provided for compliance purposes only and no response is
required hereto.
Bedfordview
11 November 2022
Sponsor
The Standard Bank of South Africa Limited
Date: 11-11-2022 01:21:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
