New SPAC Gaia looking to raise R500mln on JSE

Gaia Infrastructure Capital, a new special acquisition vehicle headed by John Oliphant, is looking to raise a minimum of R500 million (approximately $37 million) when it lists on the Johannesburg Stock Exchange next month. The firm plans to target minority stakes in renewable energy, transport infrastructure, water and sanitation project opportunities in South Africa.

Read more at Business Day…

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