A global investor in sustainable infrastructure will sell one of the largest renewable energy companies in Africa. In March, Actis sold Lekela Power, another significant renewables energy company with operations in Africa. In 2019, Actis grew the platform with the acquisition of South Africa-focused BioTherm Energy and rebranded the company BTE Renewables (BTE). UAE renewable energy company purchases African wind farm operatorBTE targets the pan-African region, focused primarily on utility scale wind and solar projects. Renewable energy company has existing projects on the go“Five of the projects were built during the COVID-19 pandemic and despite the challenges were completed on budget.

Source: The North Africa Journal June 22, 2023 06:02 UTC