• 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%…