New fund introduces flexible conditions for renewables
Issue 395 - 28 Jun 2019
A group of investors and lenders is creating a $400m fund to invest more flexibly in power plants in Africa. Speaking at the Africa Energy Forum in Lisbon on 13 June, Lion’s Head Global Partners co-chief executive Clemens Calice said the equity portion of the first close of about $120m for the Facility for Energy Inclusion (FEI) on-grid fund was completed and that it was now in the process of bringing in loan finance.
Want to read more?
(Access to one 100-400 word article)
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map