Private fund managers Mahlako Energy Fund (MEF), Mergence Investment Managers and Third Way Investment Partners have teamed up to fund a fellow investment company, Aventro Investments, to help increase its shareholding and involvement in the Redstone 100 MW concentrated solar power (CSP) project, near Kimberley, in the Northern Cape.
The funding arrangement brings together a women-led investment team to support another women-led investment firm in boosting its shareholding in the Redstone CSP and molten salt project.
