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Investec-Backed Green Fund Revego Raising Cash for Africa Drive

Investec-Backed Green Fund Revego Raising Cash for Africa Drive

Bloomberg4 days ago
Revego Africa Energy Fund plans to raise as much as 1 billion rand ($57 million) in additional funding as the investor in South African renewable projects seeks to bankroll five wind-power facilities in the nation and several others on the rest of the continent.
'We would ideally like to execute 2 billion rand a year, and within five years, if we get ourselves to 10 to 12 billion, that is our target,' Revego Fund Managers Chief Investment Officer Ziyaad Sarang said in an interview.
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