PSG CEO Piet Mouton speaks to Business Day TV about where the group’s investment priorities lie and growth in its private-education portfolio

BUSINESS DAY TV: PSG has a R1.7bn war chest available for new investments and is betting that education and energy are its next two growth industries, with financial services and agriculture supporting this growth. CEO of PSG Piet Mouton joins us now on the line. Piet, so the bulk of your focus is going to be on investing within the energy space, so talk us through the opportunity you’ve identified within that arena. PIET MOUTON: Just to give you an idea of the size of the energy market in SA, if you look at the cost of what Kusile, Medupi have cost the country, about R30bn per gigawatt. There are about 45GW of installed capacity in SA, which puts the size of the market on about R1.5-trillion. If you include all other forms of energy conversion like heating, steam, etc, it’s a market that’s well over R2-trillion in size. There is a form of deregulation taking place as well with cheaper alternatives coming in through new technologies. Solar has become significantly cheaper over the l...

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