Scalar and Mergence launch $150 million fund for clean energy in Southern Africa - Innovation Village | Technology, Product Reviews, Business

Scalar and Mergence launch $150 million fund for clean energy in Southern Africa - Innovation Village | Technology, Product Reviews, Business

Scalar International and Mergence Investment Managers have officially announced the launch of a substantial $150 million private equity fund aimed at financing clean energy and digital infrastructure projects in Southern Africa. This initiative, named the Africa Decarbonization Fund I, is designed to support energy-efficient and decarbonization efforts within the commercial and industrial sectors. The fund’s investment pipeline is strategically …

$150 Million fund aims to green 30,000 African buildings in bold energy transition - Africa Sustainability Matters

Africa is preparing to leap forward in its journey toward sustainability as Scalar International and Mergence Investment Managers Ltd. announce plans to raise up to $150 million for a fund aimed at decarbonising 30,000 buildings across the continent. The Africa Decarbonisation Fund will focus on supporting energy-efficient infrastructure, particularly in southern Africa, by investing in […]