JOHANNESBURG, 10 July 2018: Harith General Partners appeared in the Pretoria High Court before Judge Tlhapi for an urgent interdict application against the UDM President, General Bantu Holomisa, and the UDM to stop them from making any further false, misleading or spurious statements about Harith.
Africa Finance Corporation (“AFC”) and Harith General Partners (“Harith”), acting on behalf of its portfolio company Aldwych Holdings Limited, are pleased to announce final close of the merger of their respective electricity generation assets into a new operating company, Anergi Holdings Limited (“Anergi” or the “Company”). Following a transaction initially signed in June 2016, all Conditions Precedent to the implementation of the merger have now been met, and the inaugural board meeting of the Company was held on 5 December, 2017.
The Pan African Infrastructure Development Fund 2 managed by Harith General Partners (“Harith”) has concluded an investment into Sheltam Mauritius Limited (“Sheltam”) being the ultimate parent company of the Sheltam Group. This investment was made through a share subscription for 30% of the total equity in Sheltam for an undisclosed sum. Immediately prior to the Harith investment, Sheltam Mauritius restructured its shareholder debt obligations and as a result Principle Capital is now the controlling shareholder of Sheltam Mauritius. Roy Puffet, the founder of Sheltam, remains part of the group.
Aboadze, Ghana – 12 December 2016 – Amandi Energy Limited (Amandi Energy) today announced that it has reached financial close and begun construction of the $550 million Amandi Energy Power Plant, a 192 megawatt (MW) combined cycle dual-fuel power project in Aboadze, Ghana.
- New joint venture has over 1,575 MW combined gross operational and under-construction capacity, and supplies power to over 30 million people -
- US$3.3billion capital value portfolio of assets, including landmark projects Kpone Independent Power Project in Ghana, Azura Edo in Nigeria and Lake Turkana Wind Power in Kenya –
Sandton: Harith General Partners has invested in NOVO Energy, a power and technology company that specialises in supplying alternative fuel technologies and services in Africa. Harith, the South African based fund manager, purchased a significant shareholding at NOVO Energy through its US$435m second Pan African Infrastructure Development Fund (PAIDF2).
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Harith Dialogue 2012 Part 1
OPEN DIALOGUE - SOUTH AFRICAN FINANCE SECTOR