IEF promotes empowerment objectives and investments in infrastructure projects in South Africa.
IEF acquired and disposed of equity interests in a coal-fired power plant, a telecommunications company, two toll roads and a renewable energy asset.
IEF was fully realised in 2018 through a structured exit at asset level and a secondary market unit sale for investors.
Bakwena, South Africa (Exited 2018)
5% interest in a 385km toll road
TRAC, South Africa & Mozambique (Exited 2017)
7% interest in a 570km toll road
Umoya, South Africa (Exited 2017)
21% interest in a 67MW wind farm
Kelvin, South Africa (Exited 2012)
10% interest in a 600MW coal-fired power station
Neotel, South Africa (Exited 2012)
1% interest in a fixed-line telecommunications company