PwC South Africa's Deals team supports AIIM in establishing Anthem
PwC’s South Africa Deals team has supported the African Infrastructure Investment Managers (AIIM) managed IDEAS Fund in establishing Anthem.
By PwC
PwC’s South Africa Deals team has supported the African Infrastructure Investment Managers (AIIM) managed IDEAS Fund in establishing Anthem – a platform that is a leader in addressing South Africa’s renewable energy transition through 24 wind and solar sites comprising over 2GW of capacity and 11GW of greenfield pipeline. Together with its founding investors, Anthem is driving inclusive infrastructure investment across Africa.
The team provided comprehensive financial and tax vendor due diligence services to secure investment in the Anthem renewable energy portfolio. Simultaneously, our PwC Capital Markets Accounting and Advisory Services team offered expert advice with respect to the preparation of the closing accounts.
By leveraging cross-functional expertise and deep industry insight, our PwC Deals team helped IDEAS Fund secure investors and unlock capital, which will be used to fund pipeline growth and create long-term sustainable impact.