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

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: