To profit with purpose

The overarching mission is to profit with purpose by providing a specialised and experienced financing platform that will structure select investments to accelerate clean and sustainable energy infrastructure, energy and resource efficiency solutions (and related business models and services), and the supply chains that support them, which provide measured positive development outcomes for sub-Saharan Africa’s future.

Rustmo1 Solar Farm

Rustmo1 Solar Farm is a 7MW solar PV facility in the Rustenburg area of the North West province, South Africa. The project will provide improvements to the local infra-structure through uninterrupted power during daylight hours, reduce our carbon footprint and promote socio-economic development.  The project will generate an average net revenue of approx. R114m over the 20-year project to BBBEE social needs, creating 83 temporary and permanent jobs.

The project falls under the Department of Energy’s IPP Procurement Programme in South Africa. Local BBBEE shareholders comprise 41% of the equity in the project.

JUWI (Germany’s largest solar PV developer) will provide the engineering, procurement and construction contract for the project, as well as provide the ongoing operations and maintenance.

Fund Principals

Christopher Clarke

Fund:

Evolution I

Enterprise Value:

ZAR224 million

Investment Amount:

ZAR40.343 million

Date of Deal Annoucement:

2011

Investment Year:

2011

Investment Partner:

Momentous Energy

Fund Principals

Christopher Clarke

Fund:

Evolution I

Enterprise Value:

ZAR224 million

Investment Amount:

ZAR40.343 million

Date of Deal Annoucement:

2011

Investment Year:

2011

Investment Partner:

Momentous Energy

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