An infrastructure investment fund managed by Old Mutual Investment Group (Namibia) has acquired a majority stake in a 5MW solar PV plant at Rosh Pinah in the !Karas Region of Namibia.

The fund has acquired a majority of the shares in Aloe Investments Number Twenty-Seven, the project company that owns and operates the Rosh Pinah 5MW solar plant. The acquisition forms part of a joint transaction with Sturdee Energy Namibia, which has acquired a minority stake in the plant. Sturdee Energy...