Gridworks finalises investment in South Africa’s Mettle Solar


In depth
Issue 405 - 05 Dec 2019 - By Dan Marks | 10 minute read

Gridworks, a company launched by the UK government-owned CDC Group, announced on 2 December that it has reached financial close on a R106.7m ($7.5m) investment in South African commercial and industrial (C&I) solar company Mettle Solar Investments. The transaction has been in the works since before Gridworks was launched at the Africa Energy Forum in Lisbon in June and the commitment was first announced in July.The deal will see Mbuvi Ngunze appointed as Mettle’s chairman and Gridworks chief executive Simon Hodson and director Chris Flavin join the board of directors.

Want to read more?

Extra Large Article

£595

(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register