Region

CPCS Ventures

About Us

CPCS Ventures is CPCS’s infrastructure investment subsidiary. CPCS Ventures leverages CPCS’s experience, expertise and local presence to invest in infrastructure development opportunities in emerging markets. CPCS Ventures focuses on the early stage development of opportunities in the transport and energy sectors, with a specific focus on clean energy. Our team plays a hands-on role in the development of projects, from origination through to financial close.

CPCS Ventures is committed to developing projects to the highest international standards. We realize we are often guests in the communities where our projects are situated and thus place environmental and social assessment, impact and engagement at the core of our development process.

If you are a developer and looking for partnership or development capital, please get in touch at ventures@cpcs.ca.

 

Management

 Mohiuddin_Arif.jpg

 


Arif Mohiuddin, CEO
Arif has managed projects leading to the successful financial close of 42 transactions worth over US$10 billion in the power and transport sectors in Africa. His experience ranges from drafting technical reports, developing financial models and carrying out market sounding to conducting bidding processes and negotiations with investors and their lenders.

 

Nadeem_Ahmer.jpg

Ahmer Nadeem, COO
Ahmer is a power sector engineer/executive with over 30 years’ experience. He has proven leadership in facility development, construction and operations management and has acquired global business experience with successful start-ups. He has extensively developed and negotiated power project agreements such as power purchase agreements, fuel supply agreement and implementation agreements.                                        
 

 

Lowbeer-Lewis_Nate.jpg

Nathaniel Lowbeer-Lewis, Managing Director, Development
Nathaniel has intimate knowledge of the infrastructure development sector in Africa, having been involved in the development and financing of over 400MW of renewable power projects across seven countries in Africa. Before joining CPCS, Nathaniel worked with numerous Africa-focused private equity and research groups in the infrastructure, energy and finance sectors.

 

 Amit.JPG


Amit Modi, Managing Director, Technical
Amit Modi is a project developer, engineer and a solar PV expert by training and experience. His career to date has been spread across consulting engineering, land development and renewable energy industries. Amit has over eleven years of project management, design, and construction experience in both land and infrastructure development. Amit has been involved in the development of over 1GW of utility-scale solar PV projects in Africa, Asia and South America, equating to a CAPEX of over $1.5 billion.


Representative Projects

Solar PV in Nigeria

ventures_2.jpg

CPCS Ventures originated the Nova Scotia Power Project, an 80MW grid-connected, ground mounted solar PV project in Jigawa State, Nigeria. CPCS Ventures has partnered with Scatec Solar, Norfund and Africa 50 to develop the project. Debt will be provided by the African Development Bank, the Islamic Development Bank and OPIC.
The project is in late-stage development. The power plant will evacuate power onto the national grid. The offtaker of electricity will be the Nigerian Bulk Electricity Trading Plc (NBET), with whom the project has signed a 20-year power purchase agreement. When complete, the plant will provide clean, reliable power to over 200,000 homes and a stable source of electricity to enable to development of the regional economy.


Portfolio of Mini Hydro Projects in Uganda

infraco_pic.jpg

CPCS Ventures developed a 12MW portfolio of mini hydro projects in Uganda. The projects are located on the Sisi and Buhindaghi rivers in Eastern and Western Uganda, respectively.  The offtaker for both projects will be the Uganda Electricity Transmission Company. The portfolio will provide power for approximately 40,000 households when complete. CDIL exited the projects in 2017 to responsAbility Renewable Energy Holding (rAREH).