Harith Private Equity Buys Stake in NOVO Energy

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Harith uses $435m 2nd Pan African Infrastructure Development Fund for partnership w/ NOVO, focusing on supplying natural gas in southern Africa, Harith says in e-mailed statement.

* Size of stake, price not given;
* Investment seeks role in several African countries: Harith CEO Tshepo Mahloele;
* NOTE: Harith also manages $630m Pan African Infrastructure Development Fund 1;
* NOTE: NOVO Energy services fleets, industry, residential customers; pursuing natural gas developments in sub-Saharan Africa. Source: Bloomberg

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