Investment firms partner to launch R150m smart utilities, infrastructure initiative

Real estate investment and fund manager ALT Capital Partners, through its REimagine Fund 1, has formed a strategic partnership with the investment holding company New GX Capital funded Airnergize Ventures, which focuses on early-stage and scalable disruptive utilities management businesses. Its first investment is into Bolide, which is an integrated utilities brand designed to bridge the utilities service divide, thereby assisting businesses and body corporates to spend less for cleaner and sustainable funded utilities.