South African tycoon Mike Teke’s Seriti starts third phase of Mpumalanga wind project
Seriti Green begins construction on its third Mpumalanga wind project, boosting South Africa’s renewable energy capacity.
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Seriti Green begins construction on its third Mpumalanga wind project, boosting South Africa’s renewable energy capacity.
Mike Teke of Seriti maintains coal demand won’t fade, leaning on efficiency, cost-plus deals, and exporting amid energy-transition pressures.
Mike Teke’s Seriti Trust invests $1.1 million in early learning centers, boosting education access and skills for vulnerable children in mining regions.
Seriti Green secures $295 million for a major wind project in Mpumalanga, expanding clean power and creating 800 jobs.
With this new mine, Seriti cements its lead as the largest black-controlled coal producer while securing a stable, long-term coal supply for power stations.
Mike Teke, one of South Africa’s top mining executives, has built and led four major companies — Optimum Coal, Seriti Resources, Seriti Green, and Masimong Group — leaving a lasting impact on the country’s mining and renewable energy sectors.
Seriti Resources Holdings is a leading coal company.
The investment is a watershed moment for Seriti.
Teke is the founder of Masimong Group and one of Seriti Resources Holdings’ four shareholders.