Stanlib’s Infrastructure Fund II acquires over R1bn stake in Upington solar farm

Asset management Stanlib’s Infrastructure Fund II, which invests in infrastructure projects including renewable energy, transportation infrastructure, and logistics, is acquiring a 60% stake in a 285 megawatt (MW) solar power plant in Upington for more than R1 billion. The deal will see Stanlib acquire a 45% stake from Scatec for R979 million and an additional 18% stake from…...

This content is for NK Monthly 40 members only.
Login Join Now

Edward Smit

error: Alert: Content selection is disabled!!