LONDON, Jan 17 (Reuters) - * Asset manager Investec and UK Climate Investments have committed 1 billion rand ($72 million) to investment vehicle Revego Africa Energy Limited for renewable energy projects, they said on Thursday * Revego will try to acquire equity in operational renewable energy projects in sub-Saharan Africa and aims to speed up the installation of new low-carbon energy generation * Revego plans to seek a listing on the Johannesburg Stock Exchange in the first half of 2019 * UK Climate Investments is a joint venture between the Green Investment Group and the British government ($1 = 13.8061 rand) (Reporting by Nina Chestney Editing by Alexander Smith)
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. The company said it was looking for opportunities that would help reduce carbon emissions while also providing a return on investment.