Nigeria: EDP invests in Rensource
Issue 407 - 16 Jan 2020
EDP Renováveis, the renewable energy arm of Portugal’s state power utility, announced on 23 December that it would invest $3m in decentralised solar system supplier Rensource Energy to support its expansion in Nigeria. The investment, which was the result of a financing initiative in partnership with international investors such as CRE Venture Capital, Omidyar Network, Inspired Evolution, Proparco, I&P, SIN Capital and Yuzuru Honda, will allow EDP Renováveis to participate in Africa’s largest market.
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- 19 November 2020
Southern Africa moves towards new gas-based interdependency
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