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Pension funds inject R1bn into renewable energy
Sunday World
|Sunday World March 01 2026 edition
The country needs R1-trillion for energy infrastrucure
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Alex Forbes plans to invest R500m in Revego.
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South Africans' retirement savings are increasingly funding the country's electricity system, after institutional investors committed R1-billion to expand ownership of renewable energy infrastructure feeding power into the national grid.
Alexforbes Investments has committed R500-million to the Revego Africa Energy Fund, matched by another R500-million from British International Investment, the UK government's development finance institution.
The investment comes through the Alexforbes Infrastructure Impact Fund-of-Funds, which targets a total of R5-billion for deployment across renewable energy, transport, and essential infrastructure.
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