Actis announces acquisition of BioTherm Energy and its renewable energy assets

Actis has acquired BioTherm Energy (BioTherm), a South Africa-based, pan-African renewable energy businesses, from Denham Capital, a global private equity firm.

BioTherm consists of a strong Johannesburg-based team and a portfolio of assets in operation, construction and development across Africa, totalling 288 MW. These include Golden Valley, a 123 MW wind project in the Eastern Cape; Excelsior, a 33 MW wind project in the Western Cape; Aggeneys, a 46 MW solar project in the Northern Cape; Konkoonsies II an 86 MW solar project in the Northern Cape and a 4 MW biogas facility.