Capital that ripens
in the sun.
We give sovereign, DFI, institutional and private investors curated, deal-by-deal access to utility-scale solar, wind and battery storage across Africa and the Gulf — sourced from a proprietary ~2 GW pipeline.
The “sun belt”: one platform, two engines
Africa and the Gulf form a contiguous, sun-rich region with the same technology but two very different capital profiles. Persimmon lets investors weight the blend — investment-grade ballast or higher-yield growth — deal by deal.
Deal-by-deal co-investment — no blind pool
You onboard once and then invest selectively, transaction by transaction. Each opportunity is a stand-alone SPV with full transparency on the asset, the offtake, the diligence and the terms — and we put our own capital in alongside you.
Originate
Proprietary & M&A deal flow, pre-screened in-house.
Structure
One ring-fenced SPV per project, under a RAK ICC holdco.
Syndicate
You diligence and elect, deal by deal — no obligation.
Co-invest & steward
We commit alongside you, then manage to COD, report and exit.
Low fees
Little or no management fee; a 1–3% structuring fee at financial close.
Aligned
15–20% carried interest above an 8% preferred return; GP co-invests every deal.
Transparent
Full deal-level data room, quarterly reporting and per-deal approval.
~2 GW already in hand, across six African markets
A proprietary, six-country development platform — complemented by targeted GCC origination. Named vehicles are already established; PPAs are structured in USD, inflation-indexed and sovereign-backed where possible.
| Country | Project | Technology | MW |
|---|---|---|---|
| Botswana | Swa Mega | Solar PV + BESS | 500 |
| Egypt | Nile Wind | Onshore wind | 500 |
| Mozambique | — | Solar PV + BESS | 300 |
| Ivory Coast | — | Onshore wind | 200 |
| Ghana | — | Onshore wind | 170 |
| Ghana | — | Solar PV + BESS | 150 |
| Tunisia | — | Onshore wind | 100 |
| Total African seed pipeline | ~1,920 | ||
Choose your risk-return
Three representative archetypes on a 10-year hold-and-exit basis, grounded in 2024–26 market benchmarks. Investors weight toward stable GCC ballast or higher-yield African growth.
Illustrative only — assumptions grounded in IRENA, BloombergNEF and DFI data; not forecasts or guarantees. Gross figures are project levered equity IRR/MOIC (pre-tax). Net MOIC is after 15% carried interest. A full financial model is available in the data room.
DFI-grade from day one
We speak the language sophisticated and development-finance investors require — and we measure what matters.
- IFC Performance Standards (PS1–PS8) and an Environmental & Social Management System.
- Equator Principles, SFDR Article 8/9 alignment and the 2X gender-lens criteria.
- Quantified impact: MW added, GWh generated, tonnes of CO₂ avoided, jobs and energy access — reported on GIIN IRIS+.
A 28-year track record, not a standing start
- Proprietary pipeline — returns from origination, not auction-chasing.
- Deal-by-deal control — you see and approve every asset; no style drift.
- Sponsor alignment — our capital in every deal; performance-led economics.
- Storage edge — a dedicated BESS/LDES practice with a multi-service optimisation layer.
Outside counsel: Macedo Vitorino (Portugal) and UAE / project-country advisers.
Co-invest in the energy of the sun belt
We are inviting anchor co-investors into the first one to two transactions — a GCC ballast asset and the first African deal off the pipeline. Request access to the data room.
For eligible professional / qualified investors only. Not an offer to sell or a solicitation to buy any security.