Eaglestone targets
up to $150 million
for Renewable Energy Fund
11 July 2013
UK-based Eaglestone Asset Management is raising a fund of $100-150 million that is close to making its first investment. The fund will be a Luxembourg SCA partnership, subject to the SICAV-SIF regulatory regime, with a worldwide investment remit. The first investment will be an Australian asset.
The firm's Deputy Chief Executive Officer Nigel Purse said the vehicle is also assessing investment opportunities in Spain, Portugal, South Africa, Poland and Sub-Saharan Africa.
“We tend to look at South Africa for clues as to where we need to go for this: said Purse.”You need countries where there is strong political support, a strong legal framework and a credible and credit-worthy off-taker like the South African government backed Eskom. I personally believe that what is going on in South Africa has enormous implications for the rest of the continent. It demonstrates to the world that South Africa can do renewable energy deals and it's caused companies to divert resources to South African opportunities, which won't be available forever. Those teams will all still be there and I reckon they will go looking for wider opportunities in Africa”. Purse also believes there is a significant opportunity for smaller solar photovoltaic installations used in tandem with traditional African forms of energy generation such as diesel…
Eaglestone to Invest
in Angola, Mozambique
Clean Energy
28 June 2013
Eaglestone NV intends to invest as much as 40 percent of a planned 100-million euro renewable energy fund in projects in Angola and Mozambique, using local knowledge to tap new markets.
While opportunities are bigger in South Africa, other nations in sub-Saharan Africa where there’s a growing appetite for renewables include the two former Portuguese colonies as well as Namibia and Botswana, Eaglestone chief executive officer Pedro Neto said in an interview in London.
“Sub-Saharan Africa is about to take off,” he said. “The growth can be huge, but the size of the projects will be different from South Africa because they don’t have the same needs.” Africa and the Middle East had the biggest regional growth in renewable energy investment last year, with spending growing 228 percent to $12 billion, according to a June 12 report by the United Nations Environment Programme and Bloomberg New Energy Finance.
Kensani Eaglestone advises on US $260 million Jasper solar project
30 May 2013
Kensani Eaglestone Capital Advisory has acted as financial advisor on the US $260 million Jasper Solar Energy Project to be located near Kimberly in South Africa which has just achieved financial close.
The 96 megawatt (MW DC) solar photovoltaic (PV) installation will be one of the largest in Africa and has attracted Google as one of its key investors in what is Google’s first investment in renewable energy in Africa.
Lesedi & Letsatsi
receive Deal of the Year Award
18 December 2012
The renowned Project Finance International magazine has awarded the Lesedi & Letsatsi transactions with the 2012 African Renewables Deal of the Year Award. Kensani Eaglestone Capital Advisory (Pty) Ltd acted as financial adviser on the two 75-megawatt (MW) solar photovoltaic (PV) projects in South Africa which achieved financial close on 13th November 2012. The Lesedi and Letsatsi projects will jointly cost approximately ZAR 5.15 billion, or USD 594 million, making this one of the largest project finance transactions ever completed in South Africa and one of the largest renewable energy projects in Africa.
Lesedi and Letsatsi
Giant Step for SA PF
28 November 2012
The financial close of the first renewable energy projects in South Africa is an event of historic significance and is truly a watershed moment for the South African project finance market. It signals a new era for private sector participation in the African energy sector. By Coenraad Krige, Managing Director, and Nuno Gil, Deputy Managing director, Kensani Eaglestone Capital Advisory.
Eaglestone to launch
Eaglestone está a lançar seis fundos
19 Novembro 2012
Nigel Purse, antigo global head de project finance do Espírito Santo Investment Bank, e Pedro Neto, antigo vice-presidente do ESIB, estão a lançar seis fundos de private equity através da sua nova empresa Eaglestone. Cinco fundos têm como região alvo a África Subsariana, incluindo áreas como mineração e infraestruturas, e um dos fundos está focado nas energia renováveis a nível global, cada com um valor alvo de US$ 100 milhões.
Eaglestone Asset Management obtem aprovação regulatória no Luxemburgo para o Eaglestone Africa Real Estate Fund
16 Novembro 2012
A Eaglestone Asset Management tem o prazer de comunicar de que recebeu aprovação da Commisssion de Surveillance du Secteur Financier para o “Eaglestone Africa Real Estate Fund”.
A Eaglestone está a lançar seis fundos de private equity dos quais o Eaglestone Africa Real Estate Fund é o primeiro. Quatro dos outros fundos terão os seguintes sectores alvo em África: infraestruturas, mineração, agro-indústria e indústria geral. O sexto fundo será um fundo global de energias renováveis.
O consórcio formado pela SolarReserve, Kensani e Intikon fecha o financiamento de 586 milhões de dólares para dois projectos solares na África do Sul
13 Novembro 2012
O consórcio formado pela SolarReserveuma empresa Americana dedicada ao desenvolvimento de projectos solares de grande dimensão; o grupo Kensani, um experiente investidor de desenvolvimento económico (“empowerment”) e assessor financeiro na África do Sul; e Intikon Energy, uma empresa Sul Africana dedicada ao desenvolvimento de projectos de energias renováveis, fechou com sucesso o financiamento para dois projectos fotovoltaicos de 75 MW.
A KENSANI EAGLESTONE CAPITAL ADVISORY foi o assessor financeiro de dois projectos fotovoltaicos na Africa do Sul, totalizando um investimento de 5,15 mil milhões de rands (aproximadamente 594 milhões de dólares)
13 Novembro 2012
JOANESBURGO, ÁFRICA DO SUL, 13 de Novembro, 2012 – A Kensani Eaglestone Capital Advisory (Pty) Ltd (“Kensani Eaglestone”) foi o assessor financeiro de dois projectos fotovoltaicos, na África do Sul, com uma capacidade máxima instalada de 75 megawatts cada. Os dois projectos atingiram o financial close a 13 de Novembro 2012. O projecto (Letsatsi Power Company) está localizado na província do Estado Livre (Free State) e por outro lado, o projecto Lesedi (Lesedi Power Company) está localizado na província do Cabo Ocidental (Northern Cape).
Aprovação da FSA
para a Eaglestone
Advisory Limited
8 Outubro 2012
Eaglestone Advisory Limited tem o prazer de comunicar que recebeu aprovação da Financial Services Authority (“FSA”). A lista das suas aprovações poderá ser vista no sitío da internet da FSA em www.fsa.gov.uk.
O Departamento de Energia da África do Sul adjudicou ao consórcio formado pela SolarReserve, Kensani e Intikon Energy 88MW adicionais
20 Maio 2012
O Departmento de Energia da África do Sul (DoE) adjudicou mais 88MW de um projecto fotovoltaico ao consórcio formado por SolarReserve, o grupo Kensani Group e Intikon Energy. Após 2 projectos de 75MW conhecidos por Letsatsi e Lesedi, o projecto de energia solar Jasper localizado no Northern Cape é o terceiro projecto que o consórcio é adjudicado o status de “preferred bidder”. Isto prefaz um total de 238MW para os três projectos.