African Infrastructure Investment Managers (AIIM) announced the successful divestment of AIIF2’s 14% stake in Cookhouse, a 139MW wind farm, and 34% stake in REISA, a 75MW solar PV facility. The assets were sold to AIIM’s IDEAS Managed Fund, one of the largest equity investors in South African renewables with more than $500 million invested in the sector.

Based in South Africa’s Eastern and Nor...