Investment in Pele Energy Group
Sector: Energy • Location: South Africa
Source: SolarQuarter
Nedbank Group and Norfund have invested $31 million in Pele Energy Group, a renewable energy company in South Africa. This investment aims to strengthen Pele's financial position and support its future capital raising efforts, targeting an additional R2 billion to R3 billion over the next two years.
- Status
- Closed
- Sector
- Energy
- Location
- South Africa
- Updated
- 22 Jul 2026
- Source
- SolarQuarter
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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 and Norfund have invested $31 million in Pele Energy Group, a renewable energy company in South Africa. This investment aims to strengthen Pele's financial position and support its future capital raising efforts, targeting an additional R2 billion to R3 billion over the next two years. |
Original sector | Energy |
Budget |
Location
Country | South Africa |
Source
Source | SolarQuarter |
URL |
More Details
Record type | Project |
Article published date | 2025-03-09 |
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