Amatola Green Power (Pty) Ltd was awarded a bulk electricity trading licence by NERSA in 2009.

On the 15 January 2014 NERSA renewed and extended the trading licence for 15 years creating certainty for the establishment of the industry.

Any PPA signed during this term will remian valid until its expiration or termination.

Amatola was rebranded POWERX in February 2016 and is Africa’s first licensed energy exchange.