Overview of the Lereko Metier Sustainable Capital Fund
The Lereko Metier Sustainable Capital Fund actively supports sustainable infrastructure and renewable energy projects across South Africa. It operates as a closed private equity fund managed by Metier Sustainable Capital.
Metier has established itself as a leader in private equity, alternative assets, and advisory services. Founded in 2003, the firm subsequently raised one of South Africa’s largest private equity funds through substantial third-party local commitments.
Lereko Investments, a black-led investment house founded in 2004, also backs the fund. Lereko partners with organisations that drive transformation and growth in the South African economy. As a result, the Lereko Metier Sustainable Capital Fund combines financial expertise with transformation-focused investment strategies.
Strategic Partnership Between Metier and Lereko
The Lereko Metier Sustainable Capital Fund has actively participated in several major renewable energy projects in South Africa. One notable investment is the 50-megawatt Bokpoort Concentrated Solar Power Plant in the Northern Cape.
This project forms one of the largest developments within the Renewable Energy Independent Power Producer Procurement Programme, which aims to expand renewable energy generation across the country.
In another completed investment, the fund partnered with AE‑AMD Renewable Energy, a solar photovoltaic developer, to successfully deliver two solar energy projects under the first round of the national renewable energy procurement programme.
Moreover, the fund has invested in three wind energy projects during the programme’s third round. These projects actively support South Africa’s transition to cleaner and more sustainable energy production.
Investment Focus and Sustainable Development Goals
The Lereko Metier Sustainable Capital Fund actively participates in major renewable energy projects in South Africa. It invested in the 50-megawatt Bokpoort Concentrated Solar Power Plant in the Northern Cape.
This project forms one of the largest developments within the Renewable Energy Independent Power Producer Procurement Programme, which aims to expand renewable energy generation across South Africa.
The fund also partnered with AE‑AMD Renewable Energy, a solar photovoltaic developer, and successfully developed two solar projects under the first round of the national renewable energy procurement programme.
Additionally, the fund invested in three wind energy projects during the programme’s third round, directly supporting South Africa’s shift toward cleaner and more sustainable energy production.
Renewable Energy Investments
The Lereko Metier Sustainable Capital Fund has actively participated in several major renewable energy projects in South Africa. One notable investment is the 50-megawatt Bokpoort Concentrated Solar Power Plant in the Northern Cape.
This project forms one of the largest developments within the Renewable Energy Independent Power Producer Procurement Programme, which aims to expand renewable energy generation across the country.
In another completed investment, the fund partnered with AE‑AMD Renewable Energy, a solar photovoltaic developer, to successfully deliver two solar energy projects under the first round of the national renewable energy procurement programme.
Moreover, the fund has invested in three wind energy projects during the programme’s third round. These projects actively support South Africa’s transition to cleaner and more sustainable energy production.
Capital Raised and Institutional Support
Lereko Metier Sustainable Capital Fund successfully raised approximately R690 million during the fund’s final closing. This capital enables the fund to invest across renewable energy, energy efficiency, water management, and waste management sectors.
Importantly, the fund exceeded its initial fundraising targets. Furthermore, both local and international institutional investors contributed significant support.
Therefore, Lereko Metier Sustainable Capital Fund represents a major milestone in sustainable infrastructure financing within South Africa. Through its investments, the fund actively promotes environmental sustainability while generating competitive financial returns for investors.
Contact us for more information on funding through The Lereko Metier Sustainable Capital Fund.