Ejuva One and Ejuva Two Solar Plants, Gobabis

Mergence provided equity and debt financing for two adjacent solar power plants with a combined output of 10 megawatts (MW), which reached Commercial Operation Date in August 2018 as part of the Namibia Feed-in Tariff (REFIT) programme.

The programme was initiated by Nampower and the Electricity Control Board to establish Independent Power Producers in Namibia. The Ejuva projects are backed by a 25-year Power Purchase Agreement with Nampower and feed an estimated 25.8 GWh (gigawatt hours) per year into Namibia’s national grid.

In addition to a 66% equity stake in each project, Mergence advances loans to finance the equity position of local shareholders in both Ejuva plants.

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Mergence Unlisted Investment Managers (Namibia)

Mergence Unlisted Investment Managers (Namibia) Proprietary Limited is a licenced investment manager in terms of the Stock Exchanges Control Act 1 of 1985.

Stock Exchanges Control Act 1 of 1985

Mergence Unlisted Investment Managers (Namibia) Proprietary Limited is a licenced investment manager in terms of the Stock Exchanges Control Act 1 of 1985. All references to “Mergence” include Mergence Unlisted Investment Managers (Namibia) Proprietary Limited, as well as all other entities within the Mergence group of companies, as the context indicates. Mergence is not authorised to and does not provide financial advice. All information contained on this website should not be construed or relied upon as advice. If you require financial and/or investment advice, please engage the services of an independent financial adviser.

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Stock Exchanges Control Act 1 of 1985

Mergence Unlisted Investment Managers (Namibia) Proprietary Limited is a licensed investment manager in terms of the Stock Exchanges Control Act 1 of 1985. All references to “Mergence” include Mergence Unlisted Investment Managers (Namibia) Proprietary Limited, as well as all other entities within the Mergence group of companies as the context indicates. Mergence is not authorised to and does not provide financial advice. All information contained on this website should not be construed, or relied upon, as advice. If you require financial and/or investment advice, please engage the services of an independent financial adviser.

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Nothing contained in this email constitutes a solicitation, recommendation, endorsement or offer by Mergence, including regarding buying, selling or holding any securities or investments, but shall merely be considered as an invitation to do business.

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This email and any accompanying documents will be interpreted and implemented according to the laws of Namibia.

Company details

Registered name:

Mergence Unlisted Investment Managers (Namibia) Proprietary Limited

(Registration no: 2014/0487)

Address:

1st Floor, Heritage Square, Building No.2, c/o Robert Mugabe Avenue

and Lindeguist Street, Windhoek, Namibia

Directors:

NO Shiluwa-Marino, FR de Beer, B Jack, JK Afordofe, TJ Katjire, JTP Hitula

Company secretary:

BDO Namibia

Contact:

For further information please contact the Executive Director at hileni@mergence.com.na

We offer a range of local and offshore investment strategies that meet the needs of retirement funds and individuals in Southern and Sub-Saharan Africa. We are dedicated to managing and growing our clients’ investments in a socially sustainable manner. Our clients are mainly institutional investors with a growing offering of retail investors.

Explore	Date	Fund Fact Sheet	Transactional Form
Capped SWIX Fund	February 2024
Equity Prime Fund (Unit Trust)	February 2024
SWIX Fund	February 2024

Explore	Date	Fund Fact Sheet	Transactional Form
CPI + 4% Prime Fund (Unit Trust)	February 2024
Domestic CPI +4% Fund	February 2024
Global Balanced Fund	February 2024

Explore	Date	Fund Fact Sheet	Transactional Form
Bond Composite	February 2024
Prime Money Market	February 2024

Explore	Date	Fund Fact Sheet	Transactional Form
Bond Composite	February 2024

Mergence was a pioneer in impact and infrastructure investing, with a rich history showcasing the advantages of uncorrelated alternative investments. We strongly advocate for the potential of these investments to deliver consistent long-term returns while making a positive social impact. Our diverse portfolio encompasses a wide range of debt and equity asset classes carefully chosen from sectors that global and national organisations have identified as high-priority areas.