Lekela Power leads in latest Actis divestment round


Issue 465 - 22 Jul 2022 - By Jon Marks , John Hamilton

Within months of offering the company to a receptive market, UK private equity (PE) investor Actis and partner Mainstream Renewable Power announced on 18 July that they had signed an agreement to sell Lekela Power to Egyptian/UAE-based Infinity Group (and its Abu Dhabi-based ally Masdar) and Lagos-based multilateral Africa Finance Corporation (AFC).

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