PIC invests in NSX listed ANIREP
Africa’s biggest pension fund, the Public Investment Corporation of South Africa (PIC), with assets worth over N$2 trillion, made its first investment in Namibia’s capital markets after its subscribed to 5 300 000 shares in Namibia Stock Exchange (NSX) listed Alpha Namibia Industries Renewable Power Limited (ANIREP) in a transaction valued at N$53 million.Read more
NOTICE: General Meeting to all Shareholders
Notice is hereby given that the General Meeting of the shareholders of ANIREP will be held at the offices of ANIREP, 47 Nelson Mandela Avenue, Klein Windhoek, Windhoek on 04 October 2019 at 10:00, for the following purpose:Read more
To approve the issue of an additional 5 300 000 shares at 1000 cents per share. As after closing of the Private Placement, ANIREP received a late submission. Shareholders need to approve this transaction. The shares to be issued, shall be issued on the same terms and conditions as stated in the Pre-Listing Statement.
Green CPC lists on local bourse
Alpha Namibia Industries Renewable Power Ltd (Anirep) yesterday became the first alternative electricity company and the second capital pool company to list on the Namibian Stock Exchange (NSX).Anirep listed on the Development Capital Board of the NSX after raising more than N$110 million from institutional and retail investors via a private placement process. The majority are local shareholders, while others are regional and international.Read more
ANIREP lists, raises N$110m
Alpha Namibia Industries Renewable Power Limited (ANIREP) was listed on the Namibia Stock Exchange (NSX) development board on Thursday. It has become the second Capital Pool Company (CPC) and the first Alternative Electricity Company on the bourse.Read more
ANIREP is a company initiated by three major players in the industry. They are Tulive Private Equity an Infrastructural fund manager, Jordaan Oosthuysen Nangolo a construction project cost and management consultant, EMCON PSE Consultants an engineering consultant and Doranova Oy a Finland based biogas and soil remediation Engineering Procuring and Construction company.
Cabinet approves revised electricity supply model
Cabinet has approved the revised Single Buyer Market Model for the Supply of Electricity which allows more for independent power producers (IPPs) to compete, to be implemented in September this year. The modified model allows electricity consumers and IPPs to transact with each other directly for the supply of electricity, to allow for competition and to allow for private sector investment.Read more