Investment Summary

African Infrastructure Investment Managers and Helios Investment Partners Invest In Starsight Energy

On February 5, 2018, infrastructure investor African Infrastructure Investment Managers and private equity firm Helios Investment Partners invested in renewable energy company Starsight Energy

Investment Highlights
  • This is African Infrastructure Investment Managers’ 1st and Helios Investment Partners’ 1st transaction in the Renewable Energy sector.
  • This is African Infrastructure Investment Managers’ 1st and Helios Investment Partners’ 5th transaction in Nigeria.

Investment Summary

Date 2018-02-05
Target Starsight Energy
Sector Renewable Energy
Investor(s) African Infrastructure Investment Managers
Helios Investment Partners
Deal Type Growth Capital

Target

Starsight Energy

Lagos, Nigeria
Starsight Energy is a renewable-energy services company that provides commercial and industrial (C&I) clients across Africa with clean energy including solar power, battery storage, cooling systems, and energy-management services. Starsight Energy was founded in 2015 and is based in Lagos, Nigeria.

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Investor(S) 2

Investor
DESCRIPTION

African Infrastructure Investment Managers is an infrastructure focused investment firm. The Firm seeks a variety of situations where it can improve local communities. Prospective assets exhibit high barriers to entry, predictable cash flows, and low demand elasticity. African Infrastructure Investment Managers is based in Cape Town, South Africa.


DEAL STATS #
Overall 4 of 12
Sector: Renewable Energy M&A 1 of 1
Type: Growth Capital M&A Deals 1 of 3
Country: Nigeria M&A 1 of 1
Year: 2018 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-30 Amandi Energy

Accra, Ghana

Amandi Energy is a power company that builds and operates a dual-fuel combined-cycle power plant designed to run on natural gas or light crude oil. The Company supplies electricity to the national grid through its facility, which provides mid-merit generation capacity for the country. Amandi Energy is based in Accra, Ghana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 SEGAP

Guyancourt, France

SEGAP is an operating company that invests in and supports the management of airports and airport-concession companies in West and Central Africa. The Company supports airport management functions such as infrastructure oversight, passenger and cargo operations, and regulatory compliance through its portfolio entities. SEGAP is based in Guyancourt, France.

Buy -
Investor

Helios Investment Partners

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 3.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Helios Investment Partners is a pan-African private equity firm. Helios looks to commit $15 to $200 million per transaction and will consider a broad range of investment situations. These include leveraged buyouts, recapitalizations, joint ventures, seed-stage venture capital, restructurings, and strategic public equity investments. Helios is a generalist investor however the firm has particular interest in communications, financial services, power, travel/leisure, distribution/logistics, and agriculture. Helios was formed in 2004 and is based in London.


DEAL STATS #
Overall 16 of 22
Sector: Renewable Energy M&A 1 of 1
Type: Growth Capital M&A Deals 3 of 6
Country: Nigeria M&A 5 of 5
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-24 Solevo

Geneva, Switzerland

Solevo is a specialty chemicals distribution platform operating across eight countries in West and Central Africa, delivering critical inputs to high GDP contributing sectors in life sciences and industrials. Solevo offers a one-stop-shop for a range of inputs and chemicals including agriculture, also providing support for over one million small holder farmers, helping them to secure their livelihoods through increased yields and greater crop security, resulting in improved food security and climate resilience across Africa. Solevo was founded in 1918 and is based in Geneva, Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-17 tpay Mobile

Dubai, United Arab Emirates

tpay Mobile is a provider of mobile payment solution in markets with low banking penetration and high mobile adoption. tpay Mobile was founded in 2014 and is based in Dubai, United Arab Emirates.

Buy -