German billionaire looks to invest in SA clean technologies

Posted by Laura Grant on February 24, 2008
Posted in Renewable energy

German billionaire Hasso Plattner, co-founder of software giant SAP and owner of the Fancourt golf estate in George, announced a R350 million venture capital fund in Cape Town recently. Among the Hasso Plattner Africa fund’s preferred investment areas are clean technologies, such as renewable energy and energy-saving concepts. Germany’s MAN Ferrostaal, described as a global provider of industrial services and a key player in alternative energy, is also investing in the fund.

Via:: Business Report

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