In 2024, we capitalised on an opportunity to not just integrate two organisations, but two sets of complementary skills and market-leading expertise as well as bring all the IDEAS Fund majority owned utility scale projects into a single entity: Anthem. This strategic integration has positioned Anthem as a leader in Africa’s energy transition, built on a commitment to fostering a brighter, more sustainable future for everyone.
Mahlako Energy Fund and Norfund are important founding investors and shareholders in Anthem, who will be taking up shares in the platform upon customary approvals.
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(ACED)
Africa
Since 2008, ACED has been a pioneer in the renewable energy sector. Apart from successfully developing more large-scale projects under the Renewable Energy Independent Power Producer Procurement Program (REIPPPP) than any other developer, ACED has also been the leader in the private or Commercial and Industrial offtake market.
(EIMS Africa)
Africa
Founded in 2017, EIMS Africa quickly became one of the largest locally-owned renewable energy companies in South Africa. With 16 utility-scale projects in operation, and a combined generation capacity of over 1GW, EIMS Africa experienced consistent growth and established an undeniable presence in the renewable energy industry.
Integrating these two entities into Anthem empowers us to ramp up production, continue to compete with local and international companies, and more seamlessly lead South Africa into an energy transition that’s agile and efficient.
