Investec and UK Climate Investments (UKCI) have invested ZAR1bn (1 billion rand) in investment vehicle Revego Africa Energy to fund renewable energy projects. Revego will look to acquire equity in renewable energy projects in sub-Saharan Africa and plans to list on the Johannesburg Stock Exchange in H1 2019. UKCI is a collaboration between the UK government and Green Investment Group.
Investec and UK Climate Investments (UKCI) have invested ZAR1bn ($72.5m) in investment vehicle Revego Africa Energy to fund renewable energy projects. Revego will look to acquire equity in renewable energy projects in sub-Saharan Africa and plans to list on the Johannesburg Stock Exchange in H1 2019. UKCI is a collaboration between the UK government and Green Investment Group.