The Board and Executive Management team of Leetech Engineering have in excess of 200 years combined experience in the energy and allied sectors. They have a proven track record of successfully operating, maintaining, managing and growing a portfolio of energy investments alongside some of the largest energy companies in South Africa and around the world. Furthermore through its active participation in all aspects of the energy sector, the team has developed and maintains sustainable, professional relationships with all key players in the energy sector. These key players include but are not limited to, The Department of Energy, Industry Regulators and other Industry Participants.
Since incorporation, Leetech Engineering has concluded 17 acquisitions, disposals and merger transactions (including associated fund raising) and has been actively involved in the funding and implementation of 14 major organic growth projects. As a result, Leetech Engineering has developed strong relationships with financiers (Industrial Development Corporation, Nedbank Limited and The Standard Bank of South Africa Limited in particular), corporate and project finance professionals, as well as a host of legal professionals.
Leetech Engineering is currently invested in TRADITIONAL FOSSIL FUELS such as Liquified Petroleum Gas (Easigas) and Natural Gas (Egoli Gas and CNG Holdings), as well as RENEWABLE ENERGY specifically in Solar Power (6 solar photo-voltaic projects in REIPP Round 4 455MW). Future investments in greener alternatives such as Energy Supply Services, Upstream Equity Investments (MRDP), and Equity Participation in national G2P are being targeted.
The Leetech Engineering Group’s strategy is to operate across the value chain in the petroleum industry and ultimately to acquire a Strategic Equity Investment in a Refinery & Distribution Network in South Africa to be an integrated Petroleum Company operating in Africa.