According to the Bank’s website, Red Rocket Holding is a platform developer, owner and operator of renewable energy projects across the African continent with a focus on South Africa. Red Rocket Holding has projects predominantly in solar and wind.
FMO's equity investment is used to acquire a majority interest in Red Rocket Holdings together with a consortium of investors led by Inspired Evolution, a specialised clean energy investment fund manager with a focus on renewable energy infrastructure and impact investing. The financing will further facilitate the development, construction and operations of the renewable energy projects owned by Red Rocket.
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No contact information provided at the time of disclosure.
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