H1 Pele SPV

Africa

Region

521.1

Commitment (MNOK)

Active

Status

Norfund and Macquarie-managed UK Climate Investments (UKCI) are financing a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a 700 MW portfolio of onshore wind farms. Both partners will invest alongside Enel Green Power in one of South Africa’s largest renewable energy equity deals valued at around US$100 million.

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Key information

Sector:
Renewable Energy
Commitment (MNOK):
521.1
Year:
2021
Region:
Africa
Country:
South Africa
Domicile:
South Africa
Instrument:
Loans
Status:
Active
Mandate:
Development