African Clean Energy Developments (Aced)

African Clean Energy Developments (Pty) Ltd (“ACED”) is a South African registered company dedicated to the development of renewable energy projects in southern Africa. The business is based in Cape Town, has been in operation since 2008, and is at the forefront of the industry in South Africa with the ACED team having successfully developed (either operating or under construction) over 1.2GW of renewable energy projects: over 715MW wind and over 473MW solar PV. This track record of installed capacity ranks ACED as the most successful renewable energy developer in the South African market to date and corresponds to the ACED team having played a key role in unlocking renewable energy developments with a capex value of over R20bil (US$1.5bil). ACED is majority owned by African Infrastructure Investment Managers (Pty) Ltd (“AIIM”), a 100% owned subsidiary of Old Mutual Alternative Investments (“OMAI”).