We Strive For Sustainability And Responsible Operations
Environment
At Sev.en Global Investments we focus on innovation and new technologies which have a positive impact on the environment such as carbon capture and storage technologies, hydrogen solutions, air quality improvement projects or land reclamation projects for our mining companies.
We support transition toward fully sustainable industries with zero carbon emissions in the long-term.
Being Good Neighbours
We strive for our portfolio companies to be a vital part of their communities, and we support their community engagement and activities. Our roots in Sev.en provide a strong experience and track record in helping communities in which we operate.
Talent, Safety, And Stability For Our People
We focus on long term commitment to the acquired businesses and their stakeholders.
We support local teams with their innovative and entrepreneurial approach. We foster cooperation among the businesses Sev.en GI and Sev.en groups. We believe our people are our strongest assets. We are committed to ensuring their stability, growth and wellbeing.
Integrity And Responsible Operations Of Our Assets
Sev.en GI works with the local management teams, policymakers and regulators to assess and mitigate risks of our operations in the each given industry. We comply with all applicable laws and regulations and refrain from any activity which is illegal or unethical. Sev.en GI has adopted a set of key group policies that drive our business in all areas where we operate.
Case Studies
Genuity
Millmerran Project
Landmark CO2 Capture And Storage Project In Australia
In Australia, Genuity owns two coal-fired advanced cycle supercritical plants with carbon emissions 19% below traditional coal-fired plants and lowest in the Australia’s National Electricity Market.
Millmerran, the 850 MW supercritical plant, is currently the site of an industryleading CO2 capture, utilisation and storage (CCUS) project developed jointly by Genuity and Glencore affiliate, Carbon Transport and Storage Company, with the support of The Australian Coal Industry and Australian government. The first pilot project at the Millmerran Power Station will have capacity to capture and store 120,000 tonne per annum from the flue gas output by Millmerran.
Its operations are initially planned for 7 years, during which it will provide opportunity for intensive research and development. Commercial operations are expected beyond this initial term. This investment is part of an ongoing ESG effort by Genuity and Millmerran benefit not only from the commercial arrangements but also from the demonstration of the technological feasibility to operate fossil fuel assets environmentally responsibly. This improves recognition of Millmerran’s ESG efforts in both the local communities and global energy community as well as with the regulatory bodies - which reflects positively on Millmerran asset lifetime expectancy.
DELTA ELECTRICITY
Darlington Point Solar Farm
In Australia, Delta Electricity currently collaborates with Darlington Point Solar Farm through a Power purchase agreement for 150 MW of the maximum 275 MW production capacity.
Delta is able to add to its output a portion of green energy in the times when weather conditions allow, while also maintaining baseload stability of output at all times. Delta offers Darlignton Point a way to the market for 55% of its output.
The 1,700 hectare Vales Point site, including the now-demolished former 875 MW Vales Point ‘A’ station, with transmission capacity within the NSW.
500 kV ring, offers unique attributes for siting projects to contribute to Australia’s transition to net-zero carbon emissions.
The site is located within the NSW Government’s proposed Hunter Renewable Energy Zone. Delta has proposed the Vales Point site for the recent Hunter REZ EOI for 600 MW grid scale batteries, 200 MW of staged grid scale photovoltaics located on the ash dam, and a 200 MW data centre. With access to water, gas infrastructure and well located within the Sydney- Newcastle area, the Vales Point Power Station site has the key ingredients for a hydrogen manufacturing hub.
Blackhawk Mining
Blackhawk Reclamation Projects
Land restoration is an integral part of coal mining and at Blackhawk Mining, we cooperate closely with regulatory agencies and local communities to minimize the impact of mining activities. Over the last 4 years, Blackhawk has reclaimed over 10,000 acres (4,000 Ha) of land and received the Phase I release from the regulatory agency. Blackhawk has won 8 reclamation awards on its surface operations both in Kentucky and West Virginia for outstanding reclamation efforts, including 2 new awards in 2022.
Since 2020 Blackhawk elected to take over mining permits for over 7,000 acres (2,800 Ha) of disturbed land from a bankrupt coal company with the objective of land restoration. Since then, Blackhawk has made significant progress and has achieved Phase I bond release of large portions of the land. In 1997, Blackhawk started a partnership with local agencies to reintroduce elk to eastern Kentucky after 150 years of absence. Between 1997 and 2002, over 1,500 elk were reintroduced to the eastern Kentucky coal fields and flourish there. To date, the elk numbers have increased above 7,000 and in 2019, some of these elks used to populate a newly-established Wildlife Center in Bell County, Kentucky.
Czech Green Mine Project
Green Mine Project
The Green Mine project is the largest transformation project of the Sev.en group in the Czech Republic. It is focused on a revitalisation of the ČSA surface lignite mine from an extraction site into a new modern region with smart industrial zones, modern residential areas, new business complexes and leisure and recreation areas - a landscape where nature comes first.
When mining ceases, we plan to transform the ČSA mine into a site for emission-free energy production. A part of the area will be used for modern agricultural production, other parts shall also include modern residential development.
The planned business activities shall primarily focus on the production of green hydrogen (which we shall develop as one of the pioneers in this area in the Czech Republic) and on the further processing of energy by-products (used mostly as alternative construction materials). Both projects are currently being evaluated in cooperation with industrial and academic partners, with maximum respect for nature.
The new lake also brings new possibilities for recreation and tourism. The new landscape and business projects in the region aim to make the region an attractive place for living. Up to 1,000 jobs will be created in the industrial zones for current and new employees. The Green Mine transformation project ensures the long-term sustainable development of the area in which we live and do business and significantly exceeds our reclamation duty.
