Business Update
STANLIB Asset Management acquires a majority interest in renewable energy solutions specialist Solareff and its subsidiary, GridCars
Johannesburg, 7 August 2023: STANLIB Asset Management, a leading South African investor in sustainable infrastructure, has today announced the acquisition of a controlling equity interest in Solareff, through its STANLIB Infrastructure Fund II. Closing of the transaction remains subject to obtaining the relevant regulatory approvals.
7th August 2023