westbrooke seeks to grow its 30 MW renewable energy portfolio further

Alternative investment funds and co-investment platforms manager and adviser Westbrooke Alternative Asset Management says it is seeing strong growth in renewable energy in South Africa and that it is aiming to grow its portfolio further.

Westbrooke has closed its 2025 Westbrooke Renewable Energy Alternatives (Westbrooke Real) investment strategy, which invests in sustainable energy solutions.

The firm has developed a renewable-energy portfolio comprising 80 electricity-producing projects backed by a diverse range of commercial offtakers through power purchase agreements (PPAs).

These projects, in nine provinces, amount to 30 MW of installed solar capacity, leveraging a mix of hybrid and grid-tied solar systems designed to meet the energy demands of industries across South Africa.

Westbrooke Real has invested alongside seven strategic partners in a diversified portfolio of corporate and industrial solar projects.

“Solar systems, where businesses generate electricity on site, have become a vital solution. They offer relief from grid issues, significantly reduce electricity costs and provide long-term price certainty,” Westbrooke Real fund manager Saul Maserow says.

“Our partnerships with seven top-tier engineering, procurement and construction providers, independent power producers and developers have ensured solar projects that meet stringent execution, service and risk management standards,” he adds.

Westbrooke Real continues to expand with co-investments across multiple projects. These include unlocking growth capital for NrG’s existing PPA portfolio, a co-investment across eight new solar and hybrid projects in partnership with Opele Sinan, and a renewable-energy asset in collaboration with Gaia Fund Managers.

“The combination of strong engineering, procurement and construction capabilities and Westbrooke’s flexible investment mandate backed by available capital has allowed us to scale renewable projects efficiently and deliver measurable benefits to South African businesses,” Maserow says.

Westbrooke Real is also seeking new opportunities and partnerships to deliver innovative energy solutions that meet the increasing demand for cost-effective, sustainable power.

The firm notes that South Africa’s 12B and 12BA tax incentives encourage private-sector investment in renewable energy. These incentives accelerate funding and deployment in the energy sector.

“The 12B tax incentive has transformed the corporate and industrial solar market. It [has] increased capital deployment and made solar solutions more accessible and attractive for businesses,” explains Maserow.

Source: Chanel de Bruyn