Principle Capital

About Principle Energy

Principle Energy is a company founded by Principle Capital. Its primary strategy is focused on developing major sugar cane based greenfield energy oppportunities as well as converting existing sugar cane operations in the tropical and subtropical belt of Africa.


Principle Energy was established in 2007. The founding shareholders include the Principle Capital group as well as several major institutional investors.

Principle Energy's directors and senior management comprise Brian Myerson (co-founder and non-executive chairman and executive chairman of Principle Capital), Tom Soto (non-executive director and founding partner of Craton Equity Partners), Grant Wareham (CEO), Gavin Scott (COO) and Stephen Read, as well as several members of the wider Principle Capital team. The management team has a successful investment track record in Africa and renewable energy.

Principle Energy has also engaged several experts, including Paul Zorner, and consultants in the technical areas of the ethanol production process, particularly in large-scale project development in southern Africa in order to maximise the expertise available for its projects.