Konexa secures $18m to launch power trading platform in Nigeria

Issue 503 - 26 Mar 2024 - By Tonderayi Mukeredzi | 1 minute read

Climate Fund Managers and Microsoft’s Climate Innovation Fund have invested $18m in UK-based Konexa to finance the launch of its renewable energy trading platform, with Nigerian Breweries the first customer. Konexa initially plans to wheel power across the national grid to two Nigerian Breweries’ facilities.

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