Zambia: GreenCo reaches first close with InfraCo and IFU


Issue 427 - 19 Nov 2020 | 2 minute read

Intermediary offtaker Africa GreenCo Group has reached its first financial close following investments by InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and the Investment Fund for Developing Countries (IFU). The milestone allowed GreenCo to submit a formal licence application to trade energy to Zambia’s Energy Regulation Board at the end of October. It also allows the company to kickstart preparations for operations in Zambia through GreenCo Power Services.

Tagged with:

Pin Power

Pin Zambia

Want to read more?

Subscribe to African Energy

View subscription options

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

Register