Africa GreenCo gets K15.5m equity investments
Published On June 21, 2022 » 1023 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI-
AFRICA GreenCo Group (GreenCo) has achieved its second financial close with an equity investment of $15.5 million by the Danish Investment Fund for Developing Countries (IFU), the EU-funded Electrification Financing Initiative (EDFI ElectriFI) and Private Infrastructure Development Group’s (PIDG) InfraCo Africa.
This investment provides the requisite capital to scale up operations as a regional creditworthy buyer of renewable energy and support the growth of its supply portfolio.
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