Prescient: Prescient supports Reatile's acquisition of stake in 240 MW solar project

Prescient Investment Management (PIM) has approved R324-million in equity finance to support black-owned investment company Reatile acquire a 31.5% stake in a 240 MW Free State solar PV project. The Virginia Solar Park project was selected as part of the sixth bid window of South Africa's Renewable Energy Independent Power Producer Procurement Programme.