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.
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