https://newsletter.en.creamermedia.com
Africa|Efficiency|Energy|Financial|generation|Industrial|Infrastructure|Manufacturing|Power|Projects|Solar|Storage|Technology|Training|Manufacturing |Power Generation|Power-generation|Infrastructure
Africa|Efficiency|Energy|Financial|generation|Industrial|Infrastructure|Manufacturing|Power|Projects|Solar|Storage|Technology|Training|Manufacturing |Power Generation|Power-generation|Infrastructure
africa|efficiency|energy|financial|generation|industrial|infrastructure|manufacturing|power|projects|solar|storage|technology|training|manufacturing-industry-term|power-generation|power-generation-industry-term|infrastructure

Private equity fund set up to target clean energy, digital infrastructure in Southern Africa

Scalar International MD Hubert Gutsa

Scalar International MD Hubert Gutsa

16th April 2025

By: Creamer Media Reporter

     

Font size: - +

A private equity fund has been launched by Scalar and Mergence Investment Managers to finance clean energy and digital infrastructure in Southern Africa.

The Africa Decarbonisation Fund I has a target size of $100-million to $150-million and will invest in energy-efficiency and/or decarbonisation projects in the commercial and industrial sector.

Some target investment areas include: on-site power generation; critical infrastructure utilities; smart grid technology; manufacturing energy efficiency; digital-infrastructure energy; industrial energy storage and battery storage; on-site electric vehicle infrastructure; commercial energy efficiency retrofits; blockchain or AI infrastructure; and aggregated virtual solar power purchase agreements.

Investee businesses will be put through their own incubator and accelerator programme by the Scalar-Mergence fund, providing training, as well as technical and financial assistance.

The two black-owned firms will target indigenous, women- and youth-led companies in the region and say that at least 25% of the fund’s investment will be into underserved communities.

Scalar International MD Hubert Gutsa says the fund’s targets include working together with all communities to reduce carbon emissions, support energy efficiency in buildings, and create up to 15 000 full-time jobs.

He notes that Scalar has also been selected as one of only five fund managers to form part of the International Climate Finance Accelerator’s current cohort, which will assist it with networking and fundraising.

Mergence Investment Managers chief commercial officer Semoli Mokhanoi says the combined teams have more than five years of collaboration and 20 years of experience in advising, modelling and structuring infrastructure transactions.

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Martin Creamer talks about safety, ruthenium and a new palladium centre plan.
On-The-Air (18/04/2025)
Updated 41 minutes ago By: Martin Creamer

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

UP showcases mining VR centre
UP showcases mining VR centre
16th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.109 1.445s - 151pq - 2rq
Subscribe Now