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Starsight Energy Africa Holding (Ltd) and SolarAfrica Energy (Pty) Ltd
The Tribunal has conditionally approved the merger wherein Starsight Energy Africa Holding Ltd (“Starsight Energy”) intends to acquire SolarAfrica Energy (Pty) Ltd (“SolarAfrica Energy”) from SolarAfrica (Africa) Ltd (“SolarAfrica (Africa”)).
The acquiring group supplies energy infrastructure, in particular, solar photovoltaic (solar PV). The target group supplies renewable energy solutions, including solar PV, to commercial and industrial sectors.
A full press release will be issued in due course.
IDEAS Infrastructure I GP (Pty) Ltd and SolarAfrica Energy (Pty) Ltd
The Tribunal has conditionally approved the merger wherein IDEAS Infrastructure I GP (Pty) Ltd (“IDEAS”) intends to acquire shares in SolarAfrica Energy (Pty) Ltd (“SolarAfrica Energy”).
The primary acquiring firm is IDEAS, a domestic private infrastructure fund. The acquiring group is active in supplying energy infrastructure, in particular, solar PV, while the target group supplies solar PV to the commercial and industrial sectors.
A full press release will be issued in due course.
Unico Property Partners (Pty) Ltd and Khumonetix (Pty) Ltd
in respect of six industrial properties
The Tribunal has unconditionally approved the large merger wherein Unico Property Partners (Pty) Ltd (“Unico Property Partners”) intends to acquire six industrial properties from Khumonetix (Pty) Ltd (“Khumonetix”). Unico Property Partners is a newly established property investment company for the purposes of the proposed transaction. The six light industrial properties are all located in Gauteng.
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