Sustainable Power Solutions (SPS) reposted this
A very big congratulations to New GX Capital, RMB - Rand Merchant Bank and Khudusela Pitje on achieving the first close of the Airnergize Capital Fund I, and raising R2.4 billion ($120 million). Airnergize Capital will invest in scalable, high-impact solutions across renewable energy, gas, and water infrastructure in South Africa. Managed by New GX, the fund aligns with global sustainability goals and is committed to fostering a low-carbon economy and inclusive growth. It targets both capital-heavy and asset-light business models, backing experienced teams in companies with a solid track record. Sustainable Power Solutions (SPS) is proud to be the fist investment in this new innovative fund!