Chariot's renewables business is "executing at pace"

Core Viewpoint - Chariot Ltd's renewable electricity business is advancing rapidly, highlighted by the recent agreement with Etana Energy for an additional 150MW of offtake from the Orkney solar PV project, which has reached financial close [1][2]. Group 1: Project Details - The Orkney solar PV project, located in South Africa's North-West province, is being developed by Mulilo and financed by a consortium of South African financial institutions [2]. - Once operational, the project is expected to export 150MW and generate approximately 478GWh annually, with power distributed through national and municipal networks to Etana's customers [2]. Group 2: Company Operations - Chariot operates in both upstream oil and gas and renewable power sectors across Africa, holding a 34% economic interest in Etana through its subsidiary Chariot Generation and Trading [3]. - The CEO of Chariot, Benoit Garrivier, noted that the recent deal reflects Etana's effective execution of its plans, having closed projects anticipated to generate over 500MW in the past year [3].