INVESTMENT PORTFOLIO


VISION

To be the company of choice in diversified energy investments in Sub-Saharan Africa


STRATEGIC OBJECTIVES AND INVESTMENT PHILOSOPHY

The overriding objectives of the group are to invest in quality opportunities in the industrial sectors that are aligned to:



The investment philosophy adopted is any one of the following:

  • A controlling equity share with key executives remaining.
  • A minority share if it is of strategic importance.
  • A partnership approach as a skilled BEE partner.
  • Developing new businesses where we have competencies.
  • Leveraging off Black Industrialists Program Funding where applicable.

Reatile is a long-term investor with no prescribed exit strategy, investing in people to develop the strategy.


INVESTMENT HISTORY







ENERGY PORTFOLIO


The Reatile Group’s vision is to be a leading player across the entire value chain in the Energy Sector and ultimately to be renowned in Sub-Saharan Africa for providing energy solutions in our chosen sectors.

Reatile is currently invested in TRADITIONAL FOSSIL FUELS such as Liquified Petroleum Gas (Easigas) and Natural Gas (Egoli Gas and CNG Holdings), as well as RENEWABLE ENERGY specifically in Solar Power (6 solar photo-voltaic projects in REIPP Round 4 455MW). Future investments in greener alternatives such as Energy Supply Services, Upstream Equity Investments (MRDP), and Equity Participation in national G2P are being targeted.

Egoli Gas (Pty) Ltd is 100% owned by Liquid Mist which is 100% owned by Reatile Energy. Egoli Gas is a natural gas reticulator and services more than 7500 domestic, central water heating, commercial and industrial businesses. Egoli Gas offers environmentally friendly, safe, reliable and energy efficient natural gas.
Egoli Gas
Easigas and Reatile Gaz merged their respective Southern African LPG operations effective 1 January 2016. Easigas is owned 55% by Rubis and 45% by Reatile Gaz and has operations in South Africa, Swaziland, Lesotho and Botswana. Easigas is regarded as a major supplier of LPG within Southern Africa.
Easigas
Reatile Group, through its majority owned subsidiary, Reatile Energy purchased 25.01% of the equity of CNG Holdings (Pty) Ltd from existing shareholders on 5 November 2014.
CNG Holdings


Acquisition of 20% interest in juwi Solar ZA Construction and Acquisition of 43% interest in juwi Solar ZA O&M.
juwi South Africa
Reatile is one of Sasol (Ltd) selected BEE partners as part of its Sasol Khanyisa share scheme.
SASOL Khanyisa
Reatile Solar Power acquired 15% equity stake in Matla A Bokone (previously Droogfontein PV Solar) (75MW)
Matla A Bokone


Reatile Solar Power acquired a 15% equity stake in Zolograph Investments(RF) (Dewildt) (50MW)
Dewildt
Reatile Solar Power acquired a 15% equity stake in Bokamoso Energy(RF) (67.9MW)
Bokamoso
Reatile Solar Power acquired a 15% equity stake in Greefspan PV Power Plant (55MW)
Greefspan


Reatile Solar Power acquired a 15% equity stake in RE Capital 2(RF) (Zeerust) (75MW)
Zeerust
Reatile Solar Power acquired a 15% equity stake in DPS79 Solar Energy (Waterloo) (75MW)
Waterloo
Reatile Renewables acquired 100% of the issued ordinary shares in the share capital of Hulisani Limited by way of a scheme of arrangement, resulting in the delisting of Hulisani Limited from the Johannesburg Stock Exchange.
Hulisani


Avon (670MW) and Dedisa (335MW) Peaking Power plants are South Africa's first large privately owned power generating plants initiated by the Department of Mineral Resources and Energy, located in Kwa-Zulu Natal and Eastern Cape, respectively.
Energie Peaking Operations
This plant forms part of the REIPPP Bid Window 1. Based in the Eastern Cape province, the 80MW onshore wind farm achieved commercial operation in March 2015.
Kouga Wind Farm
This plant forms part of the REIPPP Bid Window 1. Based in the North West province, the 7MW solar photovoltaic plant achieved commercial operation in November 2013.
RustMo Solar Farm


CHEMICAL AND PETROLEUM PORTFOLIO


The Reatile Group’s strategy is to operate across the value chain in the petroleum industry and ultimately to acquire a Strategic Equity Investment in a Refinery & Distribution Network in South Africa to be an integrated Petroleum Company operating in Africa.

Reatile is currently invested in storage (VOPAK) and is looking to partner with companies on distribution and retail as future investments.

Vopak is the world's largest independent tank storage provider, specialising in the storage and handling of liquid chemicals, gases and oil products.
Vopak



INDUSTRIAL PORTFOLIO


Reatile Group is currently invested in asset management for the industrial, manufacturing, oil & gas, and energy sectors.

Pragma Holdings is a South African-based enterprise asset management company providing solutions to asset-intensive industries.
Pragma Holdings
Rubis Asphalt South Africa is a specialised importer and distributor of bitumen, ensuring reliable quality product supply.
Rubis Asphalt South Africa



STRATEGIC PARTNERS



RMB is Reatile Group's main funding partner and a refinancing deal of R1.5bn was concluded in 2022. RMB also supports Reatile on multiple renewable energy investments.

RMB
The IDC is a 38.64% shareholding in CNG Holdings, in which Reatile Energy (Pty) Ltd owns 25.01%. In addition, the IDC historically contributed to the funding within Egoli Gas (Pty) Ltd.

IDC
Engen Petroleum Limited is a 40% shareholder in Reatile Gaz (Pty) Limited (since 2006), which merged with Easigas (Pty) Limited in 2016.

Engen


Reatile Gaz (Pty) Ltd merged with Easigas (Pty) Ltd in 2016. The merged operation is owned 55% by Rubis Energie SAS (France) and 45% by Reatile Gaz (Pty) Ltd.

Rubis
Moore was appointed as Corporate Financial Advisor to Reatile in 2021.

Moore
Reatile Group is a proud member of the South African Photovoltaic Association (SAPVIA) a member-led organisation formed with the express purpose of delivering a solar PV powered future for South Africa.

SAPVIA


Reatile Group is member of the Energy Council of South Africa. The Energy Council of South Africa serves as a unified voice of the energy sector in South Africa to enable a thriving and sustainable energy sector.

Energy Council of SA
The Standard Bank of South Africa held a 35% share in Reatile Group until December 2015. SBSA continues to be a funding partner to Reatile Group.

SBSA
Nedbank is a funding partner to Reatile Group. In 2019 Nedbank concluded a re-financing deal of R1.2bn for Reatile expansion.

Nedbank