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
- Wind Energy
- Biomass Power
- Solar Energy
- Hydro Power
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