1. Originate & assess — Masibambane models load, tariff exposure, and business case. Client provides site access, bills, and load data.
2. Site & grid — Resource assessment, grid impact study, connection application. Client provides land rights and grid correspondence.
3. Offtake & PPA — Structure pricing, tenure, and bankability. Client provides credit/supporting financials for offtaker review.
4. Permitting & registration — NERSA, environmental, municipal. Masibambane leads; client supports access and sign-offs.
5. Build (EPC) — Tier-1 equipment, accredited contractors, Masibambane QA. Client receives progress reporting.
6. Operate & maintain — 20-year asset management, live monitoring, tariff-aware optimisation.
Risk is retired progressively at each gate — not dumped on the client at handover.