Over the past 12 months, Jaltech has successfully completed four Section 12B solar fundraises, with the latest bringing the firm closer to its ambitious goal of deploying R1 billion within the commercial solar sector. Continue Reading
Section 12B of the Income Tax Act was introduced in 2016 with the intention of incentivising the private market to invest in various sectors of the economy through a tax benefit, one of the focus areas being renewable energy.
Jaltech has launched its latest alternative investment which focuses at providing South African investors with exposure to the rapidly growing solar sector in South Africa. The investment combines the attractive long term, lower risk nature of solar investments with the addition of a large upfront tax benefit.