Gaia infrastructure: taking a risk on the elements
Activist outfit Mergence may be the catalyst to unlock investor bounty at one of SA’s few listed green energy players
19 December 2019 - 05:00
Mergence Investment Managers, a relatively small player in the local asset management industry, continues to build a reputation for fearless forays into what might be seen as deep-value traps.
Last week Mergence — which has about R33bn in assets under management — emerged as an 11.8% shareholder in Gaia Infrastructure Capital, an investment company that backs renewable energy projects and infrastructure development...
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