Airnergize Capital Confirms Final Close Of R3.89BN Fund I With R240M DBSA Backing

DBSA puts R240m into clean-tech platform amid renewable investment rush

A R3.89-billion investment war chest has been assembled to target some of Southern Africa’s biggest infrastructure opportunities.

Airnergize Capital Raises R3.89 Billion for Clean Energy Fund

Airnergize Capital, the clean technology investment platform of New GX Capital, has raised R3.89 billion ($239.7 million) for its first African clean energy fund. Fund I will focus on commercial solar projects, energy storage, and larger infrastructure opportunities across Southern Africa, supported by significant investments from major financial institutions.

DBSA backs R3.89bn Airnergize clean-tech fund

Airnergize Capital’s R3.89 billion Fund I targets solar, storage, water, gas and transmission infrastructure businesses in Africa.

Airnergize Capital Confirms Final Close Of R3.89BN Fund I With R240M DBSA Backing

Airnergize Capital, the clean technology investment platform of New GX Capital, has confirmed the final close of Fund I at R3.89 billion, with the Development Bank of Southern Africa (DBSA) committing R240 million as lead development finance institution. Airnergize Capital invests institutional and development capital into energy, water and gas infrastructure businesses across Southern and [...]