Investment in Pele Energy Group
Sector: Energy • Location: South Africa
Source: Financial Post
Nedbank Group Ltd. and Norfund AS are acquiring a substantial minority stake in Pele Energy Group, a renewable energy company. The firms will invest $31 million as part of a larger transaction to support the company's growth and renewable energy projects in South Africa.
- Status
- Closed
- Sector
- Energy
- Location
- South Africa
- Updated
- 22 Jul 2026
- Source
- Financial Post
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Project Information
Participants
| Not available for this record. |
Status
Original status | Awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Nedbank Group Ltd. and Norfund AS are acquiring a substantial minority stake in Pele Energy Group, a renewable energy company. The firms will invest $31 million as part of a larger transaction to support the company's growth and renewable energy projects in South Africa. |
Original sector | Energy |
Budget |
Location
Country | South Africa |
Source
Source | Financial Post |
URL |
More Details
Record type | Project |
Article published date | 2025-03-07 |
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