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How African wind power seduced global investment giant BlackRock

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The US asset manager’s climate fund has reached an agreement with Denmark’s Vestas to buy its stake in the Lake Turkana project, Africa’s largest wind farm.

Power-generating wind turbines at the Lake Turkana Wind Power project in Loiyangalani district, Marsabit County, northern Kenya.

BlackRock continues to increase its stake in Africa’s largest wind farm, which has a generating capacity of 310MWh. Denmark’s Vestas Wind System, which has been keen to sell its stake in Lake Turkana since 2015, has sold itsAlso receive offers from The Africa ReportNigeria’s naira hardship ‘like Argentina’, experts warnThe daughter of Angola’s former president José Eduardo dos Santos has taken to the Portuguese press in an attempt to clear her name against corruption...

 

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