H1 Capital

Africa

Region

212.7

Commitment (MNOK)

Active

Status

H1 Capital is a BEE company that owns and invests in renewable energy projects throughout South Africa. Norfund invests in H1 Capital alongside BII to co-finance the company's expansion and participation in Round 5 of the South African government's renewable energy program.

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Key information

Sector:
Renewable Energy
Commitment (MNOK):
212.7
Year:
2021
Region:
Africa
Country:
South Africa
Domicile:
South Africa
Instrument:
Equity
Status:
Active
Mandate:
Climate

H1 Capital investments

Investee Sector Country
H1 EDF NFBIISouth Africa
H1 EternitySouth Africa
H1 KangnasSouth Africa
H1 KenhardtSouth Africa
H1 Kruisvallei/ZevobuzzSouth Africa
H1 NxubaSouth Africa
H1 Pele SPVSouth Africa
H1 PerdekraalSouth Africa
H1 RoggeveldSouth Africa
H1 StortemelkSouth Africa
H1 UpingtonSouth Africa

Additionality H1 Capital

This investment is particularly additional on the following ambitions:

  • Investing in the riskiest markets
  • Investing in difficult business environments
  • Investing in sectors with high development needs
  • Investing in high risk instruments
  • Mobilising private investors
  • Taking an active role in investments
  • Improving social and environmental performance

Read more about the investment: