About AE AMD
AE AMD Renewable Energy (Pty) Ltd (“AE AMD”) is a South African company focused on the development of renewable energy generation projects, which to date have been in the Solar Photo Voltaic sector (Solar PV). It has been established through the bringing together of AMDA energía SA, an experienced Spanish developer of renewable energy generation capacity, Alt-E Technologies, a South African investment company focussed on building a renewable energy investment portfolio and Lereko Metier Sustainable Capital Fund Trust that targets energy efficiency, renewables.
The company’s current shareholders and funders are AMDA Energía SA (Spanish) (60.06%), ALT-E Technologies (Pty) Ltd (25.74%) and Lerekeo Metier Sustainable Capital Fund Trust (14.2%).
AMDA Energia which brings international experience of the development, construction, operation and financing of renewable energy plants across the globe.
Alt-E brings an intimate knowledge of the South African legislative and regulatory environment, investment and project finance, BBBEE knowledge and ability to structure and propose projects successfully within the complex procurement rules of the Department of Energy (DOE).
Lerekeo Metier Sustainable Capital Fund Trust brings financing expertise, a portfolio of renewable energy projects and a proven record of being a leader in the area of private equity, alternative assets and related advisory services.
AE AMD Renewable Energy (Pty) Ltd (“AE AMD has track record in the DOE’s first two rounds of its procurement program and has demonstrated that it has valuable experience and skills with respect to site selection and the securing of environmental permissions and land use rights on these sites.
It has proven its ability to forge stable and effective equity partnerships with major South African institutional investors and Black Empowerment shareholders, and has developed a clear and executable community investment model which it is able to replicate across its project portfolio.