Investment opportunity set

Sector

Opportunity

Investment characteristics

Deal flow

Utility scale renewable energy

Solar/Wind/Hydro power plants

  • Purchase of equity stakes in operational/near-operational assets (secondary market)
  • 20-year Power Purchase Agreements (PPA), at inflation linked tariffs with Eskom, guaranteed by National Treasury
  • Hold investments for duration
    of PPA
  • Access to REIPPP secondary market opportunities through existing expertise
  • Past transactions
  • Networks with developers and equity owners

Transportation infrastructure

Roads/Railways/Ports infrastructure

  • Purchase of equity stakes in Private-Public-Partnerships (PPP) on economic infrastructure with contracted concessions
  • 20 to 30-year concession agreements
  • Access to opportunities through expertise and market knowledge
  • Established relationships with leading advisors in the infrastructure investments sector

Water and sanitation infrastructure

Piped water network /water utility infrastructure

  • Purchase of equity stakes in Private-Public-Partnerships (PPP) on economic infrastructure with contracted concessions
  • Concession agreements with Municipalities
  • Access to opportunities through expertise and market knowledge
  • Established relationships with leading advisors in the infrastructure investments sector