Standard Bank is proud to announce that it has provided the STANLIB Infrastructure Fund of Funds, managed by STANLIB Asset Management, with a revolving credit facility solution to fund future infrastructure and sustainable energy investments.
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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.
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