Friday 24 May 2013

The Demise of E+Co

It looks to be just about all over for green energy impact investors E+Co. Impact IQ reports that millions of dollars in bad loans have driven the firm nearly out of business. The article is worth reading in full (including the comments) for all the gory...

Better PPP Terms to Bring PE into Infrastructure?

Engineering News have an interesting short article on public-private partnerships for infrastructure development in South Africa. There are numerous big projects that the government wants to fund, but Deloitte analysts are warning that ‘with over 40% of...

Helios Towers Eyes USD200m for Further African Expansion

  Helios Towers Africa will soon close on USD200m in expansion financing from the International Finance Corporation (IFC) and other investors, LBO Wire reports. HTA was established as a pan-African telecoms tower operator in 2009 with a USD350m investment from a group of investors including PE firms Helios Investment...

India’s RPG Enterprises Seeks Acquisitions in Africa

India’s RPG Enterprises is seeking diverse acquisitions in Africa, some from private equity players in South Africa, Business Today reports. RPG hopes to become the leading power transmission player in South Africa, where the company says it has found...

Citadel Touts African Infrastructure Projects, Defends Agribusiness Investment

Egypt’s Citadel Capital has been busy promoting its work in Africa this week. Co-founder and Managing Director Hisham El-Khazindar gave the keynote address at the Private Equity World Africa conference in London on 21 March 2012. He spoke about the nature...

Obasanjo Promotes Africa with PE Fund

Another celebrity of sorts has thrown his hat into the African private equity ring with an ambitious, probably overly ambitious, new fund. Former Nigerian President Olusegun Obasanjo is busy promoting his new advisory firm, New World Capital Ltd., in...

Denham Capital Partner with Solar Development Company

Global energy-focused private equity firm Denham Capital has partnered with global solar development company Fotowatio Renewable Ventures (FRV) to invest USD190m in solar energy projects around the world, including South Africa. Denham will act as lead...

Actis Gauges Energy Impact with New Model

Actis has a new model that assesses the effects of its energy investments on communities, infrastructure and the environment, Business Green reports. The Energy Impact Model scores investee companies twice a year according to 63 criteria. Actis has...

IFC Launches Green Fund of Funds

The International Finance Corporation has launched a fund of funds that will invest in private equity funds in emerging markets that target low carbon and climate friendly projects and companies. The IFC Climate Catalyst Fund will also make direct co-...

Lereko Metier Reach First Close on Sustainability Fund

Veteran South African private equity managers Lereko Metier have reached a first close on the Lereko Metier Sustainable Capital fund, with core investments from the German and Dutch development finance institutions DEG and FMO, and South African pension...

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