Twelve B Green Energy Fund

It’s not often that retail investors can achieve such high returns with low to moderate risk exposure. The tax saving benefits, the high bi-annual cash distributions, and the underpinning of tangible assets are the cherry on the top!

Jeff Miller

CEO & Co-founder

What is Twelve B Green Energy Fund?

The first private equity fund that entitles taxpayers (individuals, trusts, companies, pension funds) to invest in a portfolio of renewable energy-producing assets, and benefit from the SARS-approved enhanced 125% Section 12BA tax allowance.

As an investor, these are your expected returns:

Targeted Internal Rate of Return (IRR): ≈ 18%+ (net of fees and taxes on risk capital)
Average annual yield: 14.22% p.a. on your investment amount
Average annual yield: 32.51% p.a on risk capital invested
Bi-annual income distribution

Section 12BA of the Income Tax Act No. 58 of 1962 allows for a tax deduction in respect of certain qualifying assets (owned and brought into use after 1 January 2016) to reduce the taxable income of the taxpayer. These qualifying assets must be used for purposes of trade in the generation of electricity from renewable sources – SARS

For the period 1 March 2023 to 28 February 2025, the Section 12B allowance has been increased from 100% to 125% and no maximum cap on the output of the solar installation.

Why GROVEST?

The pioneers of Section 12J

Grovest was established on the premise of fostering entrepreneurship in South Africa and supporting Government initiatives to stimulate the private sector and local economy.

Pioneering Alternative Assets in South Africa

The journey began with Section 12J which became the fastest growing alternative asset class in South Africa, but our story continues to evolve.

Track Record

In 2014, we proudly operationalised the first Section 12J Venture Capital Company in South Africa. Today, we are the largest Section 12J administrator in South Africa, administering more than 30 VCCs, with assets under administration of R3.5 billion.

Turnkey solution

The sun may have set on Section 12J, but we remain on the journey with our clients in administering their funds and providing corporate advisory and administrative services, including ongoing compliance, governance and reporting.

Team

Twelve B Green Energy Fund

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Looking for a new 12J fund administrator?

Are you looking for guidance, attention, visibility and confidence in the success of your 12J fund?

Grovest
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Rencell