uMhlaba focuses on identifying, valuing and purchasing the cash-flows from the long-term leases underlying the renewable energy projects banked through the REIPPP in South Africa.
uMhlaba is an innovative, unique business proposition. It procures long-term cash flows underlying a portfolio of land leases arising from operational renewable energy projects. The costs of these leases are paid out of operational expenses and therefore are paid out even before the servicing of senior debt and the payment of dividends.
The leases or the land are purchased where there is potential upside, thus creating an income diversification strategy and providing a longer-term position in the renewables sector.