AIIM Makes Follow-On Investment in South Africa’s Phakwe Group to Support the Acquisition of Witkop Solar Park

Source(s): AIIM

AIIM, through its IDEAS Managed Fund, has made a second investment in South Africa-based Phakwe Group to support the company’s acquisition of Witkop Solar Park, a 30MW solar photovoltaic facility in South Africa. Through the deal, Phakwe has increased its stake in Core Energy, a South Africa-based independent power producer and the owner of Witkop Solar Park, to 90%. Read more