Monthly Archives for May 2021

Localisation of Renewable Energy Industry continues – Mergence aquires majority ownership of two solar plants in Gobasis

06 May 2021 The Mergence group ethos is to create shared value and this is what we are achieving as it is ultimately the retirement fund members of the GIPF who benefit from the steady financial returns provided by infrastructure investment, as well as the positive “social returns” provided by a strengthened economic environment, whether […]

Mergence Namibia acquires majority ownership in two Ejuva renewable energy projects in Gobabis (Africa Global funds)

06 May 2021 Mergence Unlisted Investment Managers (Namibia) has increased its shareholding in the two Ejuva renewable energy projects in Gobabis from 17% to a majority stake of 66% having acquired the 49% previously held by co-developer and initial part-financier, CIGenCo, a subsidiary of South Africa-listed Consolidated Infrastructure Group (CIG).

Namibia: Localisation of Renewable Energy Industry Continues – Mergence Acquires Majority Ownership of Two Solar Plants in Gobabis (Namibia economist)

06 May 2021 Mergence is therefore delighted to continue joining forces with the projects , local partners and co-developers, OKA Capital (Pty) Ltd and BPI Energy Solutions (Pty) Ltd, who played a key role in successfully bringing the projects to commissioning three years ago,” said Nghinaunye.