TreasurySuiss has secured an advisory and execution mandate with Nopal Renewable Energy Corporation (NREC), a Canadian-based renewable energy developer, to design a currency risk management framework for its planned N$1.8 billion investment in Namibia.
The multi-phase bioenergy expansion programme will see NREC commit significant capital over the coming years, with foreign exchange management identified as a strategic priority to safeguard project value and ensure stability of returns.
Under the mandate, TreasurySuiss will advise on the design and implementation of best-practice risk management protocols.
This will include market-based hedging solutions, governance frameworks aligned to international standards, and the development of policies, procedures, and monitoring mechanisms to provide transparency and resilience in the face of currency volatility.
TreasurySuiss Chief Executive Officer, Lucius Muyelutha, said the framework will play a critical role in protecting long-term returns.
“Namibia is entering a new era of climate-aligned investment and industrial development. Large-scale projects such as Nopal’s require sophisticated financial safeguards to ensure that foreign exchange volatility does not undermine long-term sustainability. By implementing a robust framework, TreasurySuiss is enabling Nopal to protect investor value, preserve capital efficiency, and strengthen financial resilience in a volatile global currency environment,” he said.
NREC Partner, Nicole Maske, said the partnership will help secure both investor confidence and project continuity.
“Securing long-term financial stability is just as important as delivering technological innovation in renewable energy. By working with TreasurySuiss, we are ensuring that our investors’ capital is protected, our expansion programme is shielded from currency volatility, and our projects can move forward with confidence. This framework reflects NREC’s commitment to disciplined governance and financial resilience, which are essential for building a sustainable bioenergy sector that creates jobs, regenerates land, and positions Namibia as a global leader in climate-aligned investment,” she said.
The agreement represents a milestone for both firms, highlighting Namibia’s status as an investment destination and the growing importance of financial risk management in cross-border projects.
TreasurySuiss describes itself as an independent treasury advisory and execution firm specialising in bespoke foreign exchange risk management solutions for corporates, investors, and project sponsors.
With a focus on Africa-linked transactions, it structures hedging strategies, manages cross-border capital flows, and implements governance frameworks that align with international best practice.
