Key Takeaways
- • Infra Impact Investment Managers acquired a minority stake in Cape Town Biogas (CTB) from Metier Sustainable Capital Fund II, which retains majority control of the South African organic waste-to-energy facility.
- • CTB converts organic waste into three revenue streams: biomethane, beverage-grade CO2, and premium compost, positioning the facility as a lower-carbon alternative to LPG and supporting circular economy objectives.
- • PwC Deals provided comprehensive transaction support including financial due diligence, tax due diligence, and indicative valuation services for the minority stake acquisition.
- • This marks Infra Impact's second investment in the biogas sector, demonstrating continued capital deployment into sustainable infrastructure aligned with South Africa's energy transition and decarbonization priorities.
Summary
Infra Impact Investment Managers has acquired a minority shareholding in Cape Town Biogas (CTB), a redeveloped South African organic waste-to-biogas facility, from Metier Sustainable Capital Fund II. Metier remains the controlling investor in the transaction. The deal represents Infra Impact's second investment in the biogas sector through its Mid-Market Infrastructure Fund 1, underscoring the firm's strategic focus on sustainable energy infrastructure in emerging markets.
Cape Town Biogas operates as an integrated waste-processing platform that converts organic waste into multiple value-added products: biomethane for energy generation, beverage-grade CO2, and premium compost. This diversified output model provides competitive advantages relative to traditional liquefied petroleum gas (LPG) supply chains while advancing circular economy principles by redirecting organic waste from landfills into productive end uses.
PwC's Transaction Services team supported Infra Impact throughout the acquisition process, delivering financial due diligence, tax due diligence, and indicative valuation analysis. PwC's involvement builds on prior engagement with Infra Impact in the biogas sector, reflecting the firm's positioning as a trusted advisor on sustainable infrastructure transactions. The transaction aligns with PwC's stated strategic purpose of advancing decarbonization and resource efficiency across South Africa's energy transition.
The deal reflects broader institutional investor appetite for climate-aligned infrastructure in frontier markets, particularly assets that combine energy security benefits with measurable carbon reduction outcomes and operational diversification through multiple revenue streams.
Cape Town Biogas operates as an integrated waste-processing platform that converts organic waste into multiple value-added products: biomethane for energy generation, beverage-grade CO2, and premium compost. This diversified output model provides competitive advantages relative to traditional liquefied petroleum gas (LPG) supply chains while advancing circular economy principles by redirecting organic waste from landfills into productive end uses.
PwC's Transaction Services team supported Infra Impact throughout the acquisition process, delivering financial due diligence, tax due diligence, and indicative valuation analysis. PwC's involvement builds on prior engagement with Infra Impact in the biogas sector, reflecting the firm's positioning as a trusted advisor on sustainable infrastructure transactions. The transaction aligns with PwC's stated strategic purpose of advancing decarbonization and resource efficiency across South Africa's energy transition.
The deal reflects broader institutional investor appetite for climate-aligned infrastructure in frontier markets, particularly assets that combine energy security benefits with measurable carbon reduction outcomes and operational diversification through multiple revenue streams.
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