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EQS-News: The Mauritius Commercial Bank Ltd (MCB) / Key word(s): Miscellaneous The Mauritius Commercial Bank Limited supported Infinity Renewable Energy BV on the acquisition financing for
EQS-News: The Mauritius Commercial Bank Ltd (MCB) / Key word(s): Miscellaneous The Mauritius Commercial Bank Limited supported Infinity Renewable Energy BV on the acquisition financing for its landmark purchase of Lekela Power, Africa’s largest renewable energy platform 24.03.2023 / 15:45 CET/CE...
Infinity Power, a joint venture between Egypt’s Infinity and UAE’s Masdar, announced it has completed the acquisition of the entire shareholding of Lekela Power
Infinity Power says it plans to install and operate 2 gigawatts (GW) of greenfield projects by 2025 with this deal, powering projects in South Africa, Egypt and Senegal.
The transaction makes Infinity Power the largest renewable energy company on the African continent.