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Tribunal approves two renewable energy mergers


Tribunal approves two renewable energy mergers
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2nd March 2021
In January 2021, the Tribunal unconditionally approved the large merger whereby Greenstreet 1 (Pty) Ltd (“Stanlib Fund II”) sought to acquire a joint controlling interest in Solar Capital De Aar 3 (RF) (Pty) Ltd (“SCDA 3”).
 
Subsequent to that merger, the Tribunal has also unconditionally approved the transaction whereby Stanlib Fund II will acquire additional shareholding in SCDA 3. Post-transaction, Stanlib Fund II will hold a sole controlling interest in SCDA 3. ....

South Africa , Stanlib Fund , Mainstream Renewable Power Ltd , Pty Ltd Stanlib Fund , Rf Pty Ltd , Renewable Energy Independent Power Producer Procurement Programme , Stanlib Asset Management Pty Ltd , Solar Capital De Aar , Stanlib Asset Management , Northern Cape , Seme District , Aker Horizons , Aker Biomarine , பிரதான நீரோடை புதுப்பிக்கத்தக்க பவர் லிமிடெட் , ர்ஃப் ப்டி லிமிடெட் , புதுப்பிக்கத்தக்க ஆற்றல் சுயாதீனமான பவர் ப்ரொட்யூஸர் ப்ரொக்யூர்மெஂட் ப்ரோக்ராம் , சூரிய மூலதனம் டி ஆர் , வடக்கு கேப் , சேமே மாவட்டம் ,