African Infrastructure Investment Managers (AIIM) submitted an indicative bid for a 60% stake in Lekela Power, Reuters reported, citing unnamed sources. Lekela, one of Africa’s largest renewable energy companies, could be worth $2 billion in total, the report said. AIIM declined to comment, it added. Africa-focused power firm Globeleq, 70%-owned by British government development finance […]
Senegal started importing turbines for its first large-scale wind farm on Thursday, the biggest such project in West Africa that will supply nearly a sixth of the country’s power. Privately-owned British renewable power company Lekela expects the wind farm, located in Taiba Ndiaye, about 100 km from the capital Dakar, to reach 158.7 megawatts (MW) […]