BioTherm Energy #42816
Created at
2020-08-07
Last update
2024-09-13
2 Parents (Involvements as child)
ID
Name
Actis Group
Country of registration/origin
United Kingdom of Great Britain and Northern Ireland
Classification
Investment fund
Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Comment
Actis bought BioTherm from Denham Capital (https://www.act.is/media-centre/press-releases/actis-acquires-biotherm-energy/)
ID
Name
Multilateral Investment Guarantee Agency
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
116 000 000
Comment
The Multilateral Investment Guarantee Agency (MIGA), a subsidiary of the World Bank Group, has recently issued guarantees amounting to some 116 million dollars to support four renewable energy power plant projects in South Africa. The future plants, with a combined installed capacity of 288 megawatts, will be built and developed by the energy company BioTherm Energy, a subsidiary of Actis. Guarantees distributed in the amount of $46.9 million for the Aggeneys and Konkoonsies II photovoltaic power plants in the Northern Cape and $68.9 million for the two wind power plants of Golden Valley and Excelsior, planned in the Eastern and Western Cape. (https://www.afrik21.africa/en/south-africa-miga-grants-116-million-in-guarantees-for-4-renewable-projects/)
1 Children (Involvements as parent)
ID
Name
BioTherm Energy (Pty) Ltd TWE Golden Valley Wind Power
Country of registration/origin
South Africa
Relationship
Subsidiary company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
60.00 %
1 Deals (Involvements as Operating company)
ID
Target country
South Africa
Current intention of investment
Solar park
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
237 ha