STANLIB Asset Management Acquires Majority Interest in Solareff

The acquisition was made through the STANLIB Infrastructure Fund II

August 14, 2023

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STANLIB Asset Management, an investor in sustainable infrastructure in South Africa, has acquired a controlling equity interest in Solareff, an engineering, procurement, and construction company through its STANLIB Infrastructure Fund II. Closing of the transaction remains subject to obtaining the relevant regulatory approvals.

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