South Africa pension fund invests $81 mln two solar power projects

By Tiisetso Motsoeneng JOHANNESBURG (Reuters) - South Africa's biggest pension fund has paid just over 1 billion rand ($81 million) for stakes in two solar power stations expected to add 200 megawatts of power to the national grid, it said on Wednesday. The state-owned Public Investment Corporation (PIC) said it has taken 20 percent stakes Ilanga and Xina power stations in the Northern Cape province. The PIC, which buys bonds in renewable energy projects, said it will also lend 600 million