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SUBSIDIARY NAME
RUFARO SOLAR FARM
COUNTRY
ZIMBABWE
SECTOR/ INDUSTRY
ENERGY
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
FEBRUARY 13TH 2021
ACQUISITION VALUATION
$250 MILLION USD
TOTAL ASSET VALUATION
2.5 BILLION USD
ENERGY-OIL-REFINERY-GAS
HOREB CAPITAL (PTY) LTD: IIB-DG acquired Horeb Capital (PTY) LTD February 13th 2021 for the purposes of financing, constructing and developing Rufaro Solar Farm in Zimbabwe having being Convinced of the importance of investment with knock-on effect on the economy of the country and creation of employment.
