Stanlib Asset Management acquires Solareff, GridCars; enables PPAs

Stanlib Asset Management has acquired 51% of Solareff, through its Stanlib Infrastructure Fund II.  Stanlib Asset Management is a local investor in sustainable infrastructure.
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FNB to roll out solar power systems to 100 branches

Financial services provider FNB will install solar power systems at 100 of its branches across the country to prevent downtime during times of loadshedding, while also mitigating the environmental impact of its operations. The initiative will start with branches in Mthatha, in the Eastern Cape; Bethlehem and Phuthaditjhaba, in the Free State; and Zeerust, in the North West. It is part of the bank’s commitment to environmental sustainability and operational resilience.
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