IDEAS Managed Fund

The Infrastructural, Developmental and Environmental Assets (IDEAS) Managed Fund is South Africa’s largest domestic infrastructure equity Fund. 

The IDEAS Managed Fund invests in:

  • Economic infrastructure (roads and railways)
  • Social infrastructure (housing and public private partnerships)
  • Renewable energy infrastructure (solar, wind and hydro-generation projects).

Founded in 1999, Old Mutual Investment Group manages this Fund and jointly markets it with Unity corporation, which represents eight local trade unions.

Investments
  • afhco-holdings

    Afhco Group Holdings

    afhco-holdings

    Afhco Group Holdings

    Sector:
    Social Infrastructure - Affordable Housing

    Date of Investment:
    2006

    Investment Partners:
    IDEAS Managed Fund, W. Plit, R. Plit

    Business Synopsis:
    Afhco (Affordable Housing Company) Holdings is one of the leading provider of affordable rental accommodation in Johannesburg’s inner-city and surrounding areas, with an extensive commercial, retail and light industrial portfolio.

    The company focusses predominantly on converting derelict buildings into modern, well-designed rental apartments. Afhco seeks to offer a quality lifestyle at an affordable rental level.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


    http://www.afhco.co.za CLOSE
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  • Aurora

    Aurora Solar Project

    Aurora

    Aurora Solar Project

    Sector:
    Renewable Energy Infrastructure - Solar PV

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, Jay and Jayendra, Solaire Direct South Africa, Aurora Local Community Trust

    Business Synopsis:
    Aurora-Rietvlei Solar Power (RF) (Pty) Ltd was established to develop, own, construct, finance and manage a 10.5 MW solar photovoltaic (PV) park approximately seven kilometres from the town of Aurora in the Western Cape. The park consists of 35 000 x 300kW Renesola modules manufactured by Solaire Direct Technologies in Cape Town.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • bakwena

    Bakwena

    bakwena

    Bakwena

    Sector:
    Economic Infrastructure - Toll Road

    Date of Investment:
    2002

    Investment Partners:
    IDEAS Managed Fund, South Africa Infrastructure Fund, Kagiso Infrastructure Empowerment Fund Infrastructure Concession South Africa, Public Investment Corporation, The Royal Bafokeng Nation

    Business Synopsis:
    The Bakwena Platinum Corridor Concessionaire (Pty) Ltd signed a 30-year concession contract with the South African National Roads Agency Limited (SANRAL) to design, construct, finance, operate and maintain the Bakwena Platinum N1N4 Toll Road. The toll road consists of a 95 kilometre section of the N1 which runs from Tshwane northwards to the town of Bela Bela (Warmbaths) and a 290 kilometre section of the N4 which runs from Tshwane westwards to the Botswana border.

    Funds:
    • South Africa Infrastructure Fund
    • Kagiso Infrastructure Empowerment Fund
    • IDEAS Managed Fund
    • Africa Infrastructure Investment Fund 2
    Status:
    • Current


    http://www.bakwena.co.za CLOSE
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  • bushbuck-ridge

    Bushbuckridge Retail Centre

    bushbuck-ridge

    Bushbuckridge Retail Centre

    Sector:
    Social Infrastructure - Retail

    Date of Investment:
    2007

    Investment Partners:
    IDEAS Managed Fund

    Business Synopsis:
    The fund is a 100% shareholder in the Bushbuckridge Retail centre in Bushbuckridge, Mpumalanga. The centre has a gross lettable area of 14 675 sqm and forms approximately 45% of the CBD trading area of Bushbuckridge. National tenants make up 46% of the overall tenancy and the centre is anchored by Shoprite.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • Cookhouse_Windfarm

    Cookhouse Wind Farm

    Cookhouse_Windfarm

    Cookhouse Wind Farm

    Sector:
    Renewable Energy Infrastructure - Wind

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, African Infrastructure Investment Fund 2, Apollo Investment Partnership II, Cookhouse Community Trust, AFPOC

    Business Synopsis:
    The Cookhouse Wind Farm is located between Cookhouse and Bedford in the Eastern Cape. It comprises 66 Suzlon 2.1 MW wind turbines with an installed capacity of 138.6 MW. Cookhouse Wind Farm was developed by African Clean Energy Developments (ACED) and completed in 2014.

    Funds:
    • IDEAS Managed Fund
    • Apollo Investment Partnership II
    • Africa Infrastructure Investment Fund 2
    Status:
    • Current


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  • the-crescent

    Crescent Retail Centre

    the-crescent

    Crescent Retail Centre

    Sector:
    Social Infrastructure - Retail

    Date of Investment:
    2008

    Investment Partners:
    IDEAS Managed Fund

    Business Synopsis:
    The fund owned 100% of The Crescent Retail Centre in Phuthaditjhaba, in theFree State. With a gross lettable area of 22 393 sqm, the centre forms an upmarket node adjacent to the CBD trading area of Phuthaditjhaba.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Realised


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  • Greefspan

    Greefspan Power Project Company

    Greefspan

    Greefspan Power Project Company

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, AE-AMD Renewable Energy, Exxoport 12 (BEE), Educational Trust, Tenesa

    Business Synopsis:
    The Greefspan Project Company was awarded the contract to build, own and operate a solar photovoltaic (PV) farm in the Greefspan area, south of Douglas in the Northern Cape. The developer is AE-AMD Independent Power Producer 1 (Pty) Ltd. The solar farm has an installed capacity of 11 MW featurea around 46 000 Tenesol TE 240 photovoltaic solar panels on single-axis trackers.  Under a 20-year power purchase agreement, the project began construction in 2012 and electricity delivery to the grid started in 2014.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • gugulethu-square

    Gugulethu Square Shopping Centre

    gugulethu-square

    Gugulethu Square Shopping Centre

    Sector:
    Social Infrastructure - Retail

    Date of Investment:
    2007

    Investment Partners:
    IDEAS Managed Fund, Group Five, Khula, Community Investors

    Business Synopsis:
    The fund owned a 75% economic interest in the Gugulethu Square Shopping Centre in Gugulethu, Cape Town. The shopping centre was completed at the end of October 2009 with a gross lettable area of 25 041 sqm. The site surrounds the local taxi-rank on three sides and is adjacent to a clinic, community centre and envisaged new police station. It is therefore the ideal location for the establishment of a formal Gugulethu CBD. National tenants make up 85% of the total tenancy and the centre is anchored by Spar and Shoprite.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Realised


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  • Herbert

    Herbert Power Project Company

    Herbert

    Herbert Power Project Company

    Sector:
    Renewable Energy Infrastructure - Solar PV

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, AE-AMD Renewable Energy, Exxoport 12 (BEE), Educational Trust, Tenesa

    Business Synopsis:
    The Herbert Project Company was awarded the contract to build, own and operate a solar photovoltaic (PV) farm in the Herbert area, north of Douglas in the Northern Cape. The developer is AE-AMD Independent Power Producer 1 (Pty) Ltd. The solar farm has an installed capacity of 22 MW and features around 92 000 Tenesol TE 240 photovoltaic solar panels on single-axis trackers.  Under a 20-year power purchase agreement, the project began construction in 2012 and electricity delivery to the grid started in 2014.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • blank

    Imvelo Concession Company

    blank

    Imvelo Concession Company

    Sector:
    Social Infrastructure - Office Accommodation

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, Aveng Grinaker, Wiphold and Kagiso Tiso

    Business Synopsis:
    In a public private partnership (PPP), the Imvelo Concession Company committed to funding the construction of a new head office campus for the Department of Environmental Affairs (DEA) in Pretoria, Gauteng. The Imvelo consortium undertook the design, construction, and development of the 34 143 sqm building, which showcases green building principles. Based on a campus-style design, the DEA’s green building is a physical representation of the goals and values of the department − demonstrating how environmental sustainability and energy efficiency can be implemented in a cost-effective, practical manner. The building was completed in mid-2014.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • Jeffreys Bay Wind Farm

    Jeffreys Bay Wind Farm

    Sector:
    Renewable Energy Infrastructure - Wind

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, Globeleq, Mainstream Renewable Power, Thebe Investment Corporation, Jeffreys Bay Renewable Energy Community Trust, Enzani Technologies, Usizo Engineering

    Business Synopsis:
    Spread over 3 574 hectares, Jeffreys Bay Wind Farm is one of the largest wind farms in South Africa and has an installed capacity of 138 MW generated by 60 Siemens 2.3 MW wind turbines. Located about 70 kilometres west of Port Elizabeth in the Kouga Municipality area in the Eastern Cape, it is one of the first onshore wind farms to be developed under the country’s Renewable Energy Independent Power Producer Procurement Programme. The project developer is Mainstream Renewable Power South Africa (Pty) Ltd.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


    http://www.jeffreysbaywindfarm.co.za CLOSE
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  • blank

    Kakamas Hydro Electric Power

    blank

    Kakamas Hydro Electric Power

    Sector:
    Renewable Energy Infrastructure - Hydro

    Date of Investment:
    2013

    Investment Partners:
    IDEAS Managed Fund, Hydro SA, Hydro Tasmania; Kakamas Hydro Community Trust

    Business Synopsis:
    Kakamas Hydro Electric Power company was established to develop, own, construct, finance and manage a hydro-electric project near Kakamas in the Northern Cape. The Kakamas hydro-electric project has an installed capacity of 12 MW.

    A 1 400 metre long by 8 metre wide canal conveys water from the inlet to the turbine over a 15 metre drop. This will generate enough electricity to power up to 5 000 homes.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • blank

    Kalkbult Solar Project Company

    blank

    Kalkbult Solar Project Company

    Sector:
    Renewable Energy Infrastructure - Solar PV

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, Scatec Solar SA, Norfund, Standard Bank Equity, Simacel Kalkbult Holding (Black Women Community Trust and Kalkbult Local Community Trust)

    Business Synopsis:
    The Kalkbult Project Company was awarded a contract to build, own and operate a solar photovoltaic (PV) farm in the Kalkbult area near Petrusville in the Northern Cape. The solar farm has an installed capacity of 75 MW and covers 105 hectares of a working sheep farm. It comprises 312 000 solar panels mounted on 156 kilometres of substructure linked to inverters, transformers and a high voltage sub-station. Construction commenced in late 2012 and electricity delivery to the grid, under a 20-year power purchase agreement, started in September 2013.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • blank

    Kathu Solar Energy Plant

    blank

    Kathu Solar Energy Plant

    Sector:
    Renewable Energy Infrastructure - Solar PV

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, African Infrastructure Investment Fund 2, Building Energy Africa, BuiltAfrica Kathu Solar 75, Kathu Solar Community Trust

    Business Synopsis:
    Kathu Solar Energy Plant is located approximately 16 kilometres north-west of Kathu, located in a Northern Cape mining town in an area rich in iron ore deposits. The project consists of a 75 MW mono axis mounted tracking system comprising 344 540 photovoltaic (PV) modules designed to follow the sun throughout the day. The Kathu Solar Energy Plant benefits from an existing high voltage Eskom substation. Under a 20-year power purchase agreement, electricity delivery to the grid started in mid-2014.

    Funds:
    • IDEAS Managed Fund
    • Africa Infrastructure Investment Fund 2
    Status:
    • Current


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  • kelvin

    Kelvin Power

    kelvin

    Kelvin Power

    Sector:
    Economic Infrastructure - Power Plant

    Date of Investment:
    2007

    Investment Partners:
    IDEAS Managed Fund, African Infrastructure Investment Fund, Kagiso Infrastructure Empowerment Fund, J&J Infrastructure, Global Africa Power , Aldwych

    Business Synopsis:
    Kelvin Power Station is a 600 MW privately owned coal fired power plant with a power purchase agreement (PPA) in place with City Power, who in turn supplies the City of Johannesburg. located near Kempton Park in Johannesburg, South Africa

    Funds:
    • Kagiso Infrastructure Empowerment Fund
    • IDEAS Managed Fund
    • Africa Infrastructure Investment Fund
    Status:
    • Current


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  • Lesedi

    Lesedi and Letsatsi

    Lesedi

    Lesedi and Letsatsi

    Sector:
    Renewable Energy Infrastructure - Solar PV

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, Intikon Energy

    Business Synopsis:
    Oakleaf Investment Holdings 83 (Pty) Ltd holds a 50% stake in the Lesedi Power Company (in the Northern Cape) and the Letsatsi Power Company (in the Free State). Oakleaf 83 participated in the finance, construction, operation, and maintenance of these two solar photovoltaic (PV) projects: Each project has the capacity to generate 75-MW.

    The Lesedi and Letsatsi each cover 150 hectares with approximately 277 000 solar PV panels per site. The two projects started construction in 2010 and were operational by mid-2014.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • blank

    Linde Solar Project Company

    blank

    Linde Solar Project Company

    Sector:
    Renewable Energy Infrastructure - Solar PV

    Date of Investment:
    2013

    Investment Partners:
    IDEAS Managed Fund, Scatec Solar SA, Norfund, Standard Bank Equity, Simacel Kalkbult Holding (Black Women Community Trust and Kalkbult Local Community Trust)

    Business Synopsis:
    The Linde Solar Project Company was awarded a contract to build, own and operate a solar photovoltaic (PV) farm the Linde area near Hanover in the Northern Cape. The solar farm has an installed capacity of 36.8 MW. Under a 20-year power purchase agreement, construction commenced in 2012 and electricity delivery to the grid started in mid-2014.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • bloemfontein-correctional

    Mangaung Correctional Centre

    bloemfontein-correctional

    Mangaung Correctional Centre

    Sector:
    Social Infrastructure - Prison

    Date of Investment:
    2004

    Investment Partners:
    IDEAS Managed Fund

    Business Synopsis:
    The concession contract to design, build, finance and operate Bloemfontein’s Mangaung Maximum Security Prison was awarded to Bloemfontein Correctional Contracts (Pty) Ltd (also known as the Ikwezi Consortium). During its 25-year concession, Bloemfontein Correctional Contracts is fully committed to empowering local communities, including the rehabilitation of inmates to ensure that they can easily integrate back into their communities after release. The Mangaung Correctional Centre has been operational since mid-2001 and houses around 3 000 inmates.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • matola-gas-company

    Matola Gas Company (South Africa)

    matola-gas-company

    Matola Gas Company (South Africa)

    Sector:
    Economic Infrastructure - Power Plant

    Date of Investment:
    2004

    Investment Partners:
    Matola Gas Company SARL (Mozambique), IDEAS Managed Fund, Gigajoule International (indirect)

    Business Synopsis:
    Matola Gas Company (South Africa) has a concession from the Government of Mozambique to use “royalty gas” from the construction of the Sasol gas pipeline from Mozambique to South Africa. Matola Gas has the right to 3m GJ/annum, which is used for developmental purposes by supplying industries in the Maputo and surrounding region with clean, natural gas. MGC pipes this gas from the Sasol pipeline at Ressano Garcia to Matola just outside Maputo. Matola Gas has a cornerstone off-take agreement with the BHP Mozal aluminium smelter and has also concluded other agreements with industrial users in the Matola region.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • MetroWind

    Metrowind Van Stadens Wind Farm

    MetroWind

    Metrowind Van Stadens Wind Farm

    Sector:
    Renewable Energy Infrastructure - Wind

    Date of Investment:
    2012

    Investment Partners:
    IDEAS Managed Fund, Basil Read Energy, AfriCoast Engineers, Spilled Water Renewable Energy, Metrowind Community Trust

    Business Synopsis:
    Construction on Metrowind Van Stadens Wind Farm began in September 2012 and was completed in early 2014. Situated in the Nelson Mandela Bay Municipality near Port Elizabeth in the Eastern Cape, the project consists of nine 3 MW wind turbines and provide electricity directly to the Nelson Mandela Bay Municipality.  This 27 MW boost to the local grid accounts for nearly half of the 10% renewable energy target for the area. Situated in one of the most optimal wind energy locations in the country, Van Stadens Wind Farm is using state-of-the-art technology that has been designed to minimise any negative impacts on the surrounding environment.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


    http://www.metrowind.co.za/ CLOSE
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  • n3tc

    N3 Toll Concession

    n3tc

    N3 Toll Concession

    Sector:
    Economic Infrastructure - Toll Road

    Date of Investment:
    1999

    Investment Partners:
    IDEAS Managed Fund, South Africa Infrastructure Fund, African Infrastructure Investment Fund, Steelmetals, Public Investment Corporation, Futuregrowth Pooled Funds

    Business Synopsis:
    N3 Toll Concession (Pty) Ltd (N3TC) is the holder of a 30-year concession with the South African National Roads Agency Limited (SANRAL). In 1999 N3TC was commissioned to design, construct, finance, operate and maintain a 420 kilometre stretch of National Route 3 from Heidelberg in Gauteng to Cedara in KwaZulu-Natal. During the concession period, N3TC will manage the N3 Highway and its investors will earn a return from related activity.

    Funds:
    • South Africa Infrastructure Fund
    • IDEAS Managed Fund
    • Africa Infrastructure Investment Fund
    Status:
    • Current


    http://www.n3tc.co.za CLOSE
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  • neotel

    Neotel

    neotel

    Neotel

    Sector:
    Economic Infrastructure - Communications

    Date of Investment:
    2007

    Investment Partners:
    IDEAS Managed Fund, African Infrastructure Investment Fund, Kagiso Infrastructure Empowerment Fund

    Business Synopsis:
    Neotel (Pty) Ltd is a telecommunications network operator that caters for wholesale, business and home customer needs. They deliver services that reduce the cost of doing business through the optimal use of advanced technologies. The funds had interests in Mawande Communications, which in turn owned a stake in Neotel.

    Funds:
    • Kagiso Infrastructure Empowerment Fund
    • IDEAS Managed Fund
    • Africa Infrastructure Investment Fund
    Status:
    • Realised


    http://www.neotel.co.za/ CLOSE
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  • NLP

    New Limpopo Bridge Projects

    NLP

    New Limpopo Bridge Projects

    Sector:
    Economic Infrastructure - Toll Road

    Date of Investment:
    1999

    Investment Partners:
    New Limpopo Bridge Holdings, Sanlam, Nedbank; IDEAS Managed Fund

    Business Synopsis:
    New Limpopo Bridge Projects Ltd (NLP) has the concession to build and operate the toll road bridge across the Limpopo River at the Beitbridge border between South Africa and Zimbabwe. The construction of the bridge was completed in a record time of 13 months and was officially commissioned on 24 November 1995. The operations commenced in 1996 and the concession expired in April 2014.

    Beitbridge Border Post is extremely important to the economies of sub-Saharan Africa and is the busiest regional transit link in Eastern and Southern Africa, forming the main axis of the North-South corridor linking South Africa by road and rail to Zimbabwe, Botswana, Zambia, DRC, Malawi, Tanzania and Northern Mozambique. Over 10 million tons of cargo passes along this corridor every year.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Realised


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  • NLPI

    New Limpopo Projects Investments

    NLPI

    New Limpopo Projects Investments

    Sector:
    Economic Infrastructure - Railways

    Date of investment:
    2001

    Investment partners:
    IDEAS Managed Fund, New Limpopo Bridge Projects Limited, Sanlam, Nedbank

    Business synopsis:
    New Limpopo Projects Investments Ltd (NLPI) is a railway owner and operator whose main investment focus is on African infrastructure projects. NLPI has a 30-year concession to build and operate a railway line from the border town of Beitbridge to Bulawayo in Zimbabwe; an agreement to operate the railway line between Bulawayo and Victoria Falls, Zimbabwe; as well as a 20-year concession to operate and maintain the Zambian railway network.

    NLPI facilitates the efficient transportation of goods from the Zambian Copper Belt to the South African border and beyond. The Corridor is the main hub for southbound raw materials hauled from developing countries to South Africa and finished products that are railed to the north.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


    http://www.nlpi.net CLOSE
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  • rainprop

    Rainprop

    rainprop

    Rainprop

    Sector:
    Social Infrastructure - Office Accommodation

    Date of Investment:
    2004

    Investment Partners:
    IDEAS Managed Fund, Rainbow Construction (Pty),  Zwelinzima Holdings (Pty) Limited, Prop5 Corporation (Pty) Limited, WDB Investment Holdings (Pty) Limited, The Association For People With Disabilities (SA)

    Business Synopsis:
    Rainprop (Pty) Ltd is the holder of a 25-year public private partnership (PPP) concession to finance, build, operate and maintain the Department of Trade Industry (DTI) campus in Pretoria, Gauteng.  The concession agreement is with the DTI, the Department of Finance and the City of Tshwane Metropolitan Municipality. The 44 000 sqm office campus consists of five separate buildings, parking facilities and a small amount of street level retail space.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • station-mall

    Randfontein Station Mall

    station-mall

    Randfontein Station Mall

    Sector:
    Social Infrastructure - Retail

    Date of Investment:
    2006

    Investment Partners:
    IDEAS Managed Fund

    Business Synopsis:
    The fund had a 50% economic interest in the Randfontein Station Mall retail centre. The centre involves the development of 5 952 sqm of convenience retail facilities at the Randfontein train station as part of the overall upgrade of commuter facilities. The shopping centre was completed in September 2007and started operating fully on 01 October 2007.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Realised


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  • sethekgo

    Sethekgo Private Party

    sethekgo

    Sethekgo Private Party

    Sector:
    Social Infrastructure - Office Accommodation

    Date of Investment:
    2007

    Investment Partners:
    IDEAS Managed Fund, Old Mutual Property, Makhosi Concessions, Fikile Concessions, Drake & Scull, Stercorp Capital

    Business Synopsis:
    Sethekgo Private Party (Pty) Ltd was awarded a 27-year public private partnership (PPP) concession to finance, build, operate and maintain the Department of Basic Education’s head office campus in Pretoria, Gauteng. The 30 000 sqm, four-storey development that showcases green building principles is situated in Pretoria’s CBD and accommodates the Minister of Basic Education, ministerial staff and the department’s personnel.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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  • setsing-plaza

    Setsing Plaza Retail Centre

    setsing-plaza

    Setsing Plaza Retail Centre

    Sector:
    Social Infrastructure - Retail

    Date of Investment:
    2007

    Investment Partners:
    IDEAS Managed Fund

    Business Synopsis:
    The fund owned 100% of the Setsing Plaza Retail Centre in Phuthaditjhaba, Free State Province. With a gross lettable area of 25 716 sqm, the centre forms approximately 70% of the CBD trading area of Phutaditjaba and is a key transport interchange for the region through the housing of both the town’s main taxi and bus ranks.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Realised


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  • trac

    Trans African Concessions

    trac

    Trans African Concessions

    Sector:
    Economic Infrastructure - Toll Road

    Date of Investment:
    1999

    Investment Partners:
    IDEAS Managed Fund, South Africa Infrastructure Fund, African Infrastructure Investment Fund, Mozambique Government, Kagiso Infrastructure Empowerment Fund, Futuregrowth Pooled Funds, Metropolitan Life, SCMB

    Business Synopsis:
    Trans African Concessions (Pty) Ltd (TRAC) is the holder of a 30-year concession to operate a toll road on the N4 between Witbank in South Africa and Maputo harbour in Mozambique. It covers a total distance of 584 km of which 491 km is in South Africa and 93 km in Mozambique. The road plays a crucial part in stimulating economic growth for both countries and is part of a greater developmental initiative for the region known as the Maputo Development Corridor Initiative.

    The N4 operates six toll plazas along its route and, since its construction, facilitates the stimulation of trade and investment across the region, providing access to global trade and markets through the port of Maputo.

    Funds:
    • South Africa Infrastructure Fund
    • Kagiso Infrastructure Empowerment Fund
    • IDEAS Managed Fund
    • Africa Infrastructure Investment Fund
    Status:
    • Current


    http://www.tracn4.co.za CLOSE
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  • umoya-energy

    Umoya Energy

    umoya-energy

    Umoya Energy

    Sector:
    Renewable Energy Infrastructure - Wind

    Date of Investment:
    2008

    Investment Partners:
    IDEAS Managed Fund, African Infrastructure Investment Fund, Kagiso Infrastructure Empowerment Fund, Hopefield Wind Farm Local Community Company, Tomlo Commodities

    Business Synopsis:
    Umoya Energy was established in early 2008 for the development, ownership and operation of the Hopefield Wind Farm in the Western Cape.

    Completed in early 2014, Hopefield Wind Farm is located on 2 200 hectares of farmland with an installed capacity of 67 MW produced by 37 Vestas 1.8 MW wind turbine generators.

    Funds:
    • Kagiso Infrastructure Empowerment Fund
    • IDEAS Managed Fund
    • Africa Infrastructure Investment Fund
    Status:
    • Current


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  • Vredendal

    Vredendal Solar Park

    Vredendal

    Vredendal Solar Park

    Sector:
    Renewable Energy Infrastructure - Solar PV

    Date of Investment:
    2013

    Investment Partners:
    IDEAS Managed Fund, Solairedirect, Jay & Jayendra, Vredendal Solar Community Trust

    Business Synopsis:
    Vredendal Solar Power Company was established to develop, own, construct, finance and manage a solar park in the town of Vredendal in the Western Cape. The park has an installed capacity of 10.5 MW and consists of 35 000 x 300kW Renesola modules manufactured by Solaire Direct Technologies in Cape Town.  Under a 20-year power purchase agreement, the project began construction in 2013 and electricity delivery to the grid started in 2014.

    Funds:
    • IDEAS Managed Fund
    Status:
    • Current


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