ata-about-sliders-bg-grey ATA FUND I INVESTMENTS


March 2012



South Africa







Sector: Energy

Type: Piped and Compressed Natural Gas (CNG) supply

Established: 2002

Innovation: SLG has helped many industrial companies to convert their primary energy consumption from traditional forms of fuel such as diesel, HFO, and coal to more environmentally friendly natural gas. For example, over 80% of its current customers previously consumed these non-renewable fuels. SLG is therefore making a positive contribution to reductions in greenhouse gas emissions

Status: Currently the second largest Piped-Gas trader and the largest supplier of Compressed Natural Gas (CNG) to industrial and commercial companies in Southern Africa

Co-investors: Kwande Capital, DBF Capital Partners and management

Why we invested

  • Opportunity to partner with and support strategic empowerment partners in the purchase of SLG to improve the competitive landscape and transform the industry
  • SLG was a regional player and had opportunities for growth opportunities across the country
  • Long-term gas supply agreements with upstream suppliers in place
  • Strong and experienced management team

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