South Africa: Mineworkers’ pension fund to invest in REIPPP



Issue 253 - 03 May 2013 | 1 minute read

Mineworkers’ pension fund The Metal Industries Benefit Funds Administrators (Mibfa) intends to invest R1bn ($112m) in projects bidding in South Africa’s renewable energy independent power producers procurement programme. The fund will provide debt finance to 10-15 solar or wind projects, administered by asset manager Mergence Investment Managers.

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