Mainstream Renewable Power together with investment company Actis have announced the sale of Africa’s largest pure-play renewable energy independent power producer Lekela Power, to Egyptian company Infinity Group and Africa Finance Corporation . News of the sale was revealed in a joint statement by Mainstream and Actis on Monday, months after reports of the potential transfer – estimated to be worth approximately $1 billion – surfaced a few weeks ago.
According to Lekela’s website, the wind farm provides about 564 000 MWh of clean energy to the country’s national grid every year, serving approximately 170 000 South African households.
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