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ProjectUpdated on 9 August 2025

Sedna Big River Plastic to Energy Platform

Jean Craven

Founder CEO at Sedna International

Cape Town, South Africa

About

Sedna Limited, a Hong Kong-domiciled investment platform, is tackling Africa’s plastic waste crisis with modular pyrolysis plants, starting in Cape Town’s Atlantis Special Economic Zone. Our flagship 4-reactor plant is in the pre-construction phase, pending EIA approval, and will process 30-40 tonnes of waste daily into diesel-equivalent fuel, syngas, and char. We’re scaling to five sites across South Africa (total value USD25M), seeking USD20M for the next four, with expansion plans for Mauritius and Seychelles.

Leveraging proven technology from Chinese partner Shangqiu Aotewei (equity stakeholder), our HK structure ensures offshore security and USD returns. Outputs include low-sulphur fuel (Nestlé LOI), grid-exportable power, and carbon credits, projecting >25% IRR. Aligned with UN SDGs (7, 11, 12, 13), we aim to create 50+ jobs per site and divert tens of thousands of CO2e annually.

This BRI-ready project bridges China-Africa green infrastructure, supported by partnerships (e.g., IUCN MOU) and local equity participation. We seek strategic investors—funds, EPCs, or manufacturers—to accelerate deployment, offering equity and debt returns in a replicable, high-impact model.

Investment Opportunity

  • Amount Sought: USD20 million

  • Funding Purpose: Capital expenditure for four additional pyrolysis plants (sites 2-5) in Western Cape and Gauteng, including equipment, construction, and working capital, post-EIA approval for the Cape Town site.

  • Structure: Combination of equity (30% of new sites) and 8% IRR debt (2-year payback), secured by OpCo shares and off-take agreements.

  • Return Profile: >25% IRR at full scale, with revenue from fuel sales, power PPAs, and carbon credits.

(Adjusted to note EIA dependency, maintaining financial clarity.)

Key Highlights

  • Flagship site in Cape Town’s Atlantis SEZ, pre-construction pending EIA approval.

  • Strategic Chinese tech partnership (Shangqiu Aotewei) with equity stake.

  • Off-take LOI with Nestlé for low-sulphur fuel.

  • MOU with IUCN IslandPlas for waste supply and regulatory support.

  • HK holding co ensures offshore stability; SA OpCos handle local execution.

  • Aligns with BRI green infra and UN SDGs, targeting 24k tonnes waste diversion/year.

(Updated to reflect pre-construction and Cape Town.)

Contact Information

  • Name: Jean Craven

  • Title: CEO, Sedna Limited

  • Email: jean@sedna.earth

  • Phone: +27 82 572 2738

  • Company Website: sedna.earth

Project Location

  • South Africa

Project Format

  • Private Project

ESG (Environmental, Social, and Governance)

  • Yes

Project Stage

  • Project Planning

Government approval on

01/02/2025

Tender submission by

N/A

Contract awarded on

N/A

Target completion by

31/03/2027

Main Project Sector

  • Energy and Natural Resources
  • Manufacturing

Energy and Natural Resources

  • Waste To Energy

Technology

  • Environmental Technology

Total Project Value

  • 10,000,001 to 25,000,000 USD

Investment Capital Required

  • 10,000,001 to 25,000,000 USD

Interested Format of Cooperation

  • Joint Venture
  • Minority Shareholdings

Preferred Financing Model

  • Open for negotiation

Previous Funding Stage

  • None

Return on Investment

25%+

Main Service(s) Required

  • Financial Services

Environmental Services

  • Resource Recycling
  • Waste Management

Organisation

Sedna International

Cape Town, South Africa

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