Investors Set Up $1.3-Billion Fund for Energy Infrastructure in Southern Africa

Climate Fund Managers, a fund manager focused on climate, is launching a $1.3-billion energy fund to finance cross-border energy transmission infrastructure in Southern Africa, aimed at strengthening the power grid. Climate Fund Managers (CFM), a blended finance fund manager focused on climate, said on Tuesday it was appointed by the Southern African Power Pool (SAPP) and the Southern African Development Community (SADC) to manage the $1.3-billion Regional Transmission Infrastructure Financing Facility (RTIFF).     The…