About Revego Africa Energy Fund

The Revego Fund is a private equity fund and is structured as an en commandite partnership.

The Fund is a private equity fund and is structured as an en commandite partnership. The following parties are the primary role players in relation to the Fund: the Limited Partner (Revego Africa Energy Limited), the General Partner, the Fund Manager (Revego Fund Managers), the Investment Committee and the Advisory Board.

Target Fund Size

Target region and sectors

Generation, transmission and distribution projects

Fund Details

Target Return

8%-10% Dividend Yield

Maximum Investment Exposure

Have no more than 10% of the enterprise value invested in projects that are either under construction or in development

Influence of Control

Shareholder and target company board level representation

Long term security

Provide investors with long-term stable dividends and potential for capital growth

Fund Details

Type of Investment

Target equity investments only in the renewable energy sector in sub-Saharan technologies

Legal Vehicle

Public company to be listed in the JSE which will be the sole Limited Partner in the Fund, an en commandite partnership between Revego and the General Partner

Investments and Exits

At the full discretion of the independent RFM Investment Committee

Raising Capital

Permit entering into short term borrowings to finance acquisitions, which must be repaid within 12 months from capital raisings , but will be limited to 30% of the enterprise value