- African Infrastructure Investment Managers (AIIM) a subsidiary of Old Mutual Alternative Investments, through its IDEAS Fund, has successfully exited stakes in three prominent renewable energy assets, in a transaction valued at over R750 million.
- The assets include two solar photovoltaic (PV) projects and one wind project, all developed under South Africa’s Renewable Energy Independent Power Producers Procurement Programme (REIPPPP).
The transaction involves the sale of AIIM’s 21% stake in the Jeffreys Bay Wind Farm, a 138 MW facility located in the Eastern Cape, to existing shareholders in the project Enzani and Usizo. Additionally, AIIM has exited its 10%…
Proteas: The national flower of South Africa, the protea, symbolizes the beauty
and diversity of the country’s flora.
Flotsams54
Why is gambling banned in South Africa?
Because there are too many cheetahs.
pepper
Braai – a barbecue [brr-rye] Also known as a barbecue where steak, lamb chops and of course ‘boerewors’ is cooked on a grid over wood and flames. Add some salads, rolls and ‘melktert’ for dessert and you are set for a traditional South African braai.