Transmission & Distribution

Multiple wind turbines set against a sunset sky
Gas

Gemcorp Capital Seeds $150M Milele Energy Transition Platform

  LONDON, March 30, 2023 (GLOBE NEWSWIRE) — Gemcorp Capital Management Limited is pleased to announce that it has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya. Milele is focused on the development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. The seed […]
Finance

Gridworks And The Government Of Uganda Announce Pilot Project For Private Investment In The Country’s Electricity Transmission Sector

Each has been identified as a priority by Uganda’s national transmission utility (UETCL) in its latest Grid Development Plan. Gridworks will develop and finance the project – providing up to US$90m equity funding – with Siemens undertaking the upgrade work on the four substations. Investment in the transmission sector is critical to realise the Ugandan government’s development […]
Finance

Financing Challenges and Opportunities in Africa

Lion’s Head Global Partners Managing Director James Doree speaks to Bill Lumley about progress in funding Africa’s energy transition. How do Lion’s Head funds play a role in Africa’s energy transition? It comes down partly to what we mean by energy transition. Our funds all have the ethos of targeting an issue and being able […]
Finance

Going Private

IPPs across Africa are growing in size and scale, thanks to their ability to attract a more diverse array of financing. James Gavin reports. Over time, independent power projects (IPPs) have emerged as Africa’s fastest growing energy sector structures, spreading in popularity across borders and meeting with a surfeit of investment as private sector backers […]
Grids

Uganda Sets Standard

Uganda is providing a robust example to the rest of the continent when it comes to renewable power initiatives. Bill Lumley talks to Eng. Ziria Tibalwa Waako, CEO of the Uganda Electricity Regulatory Authority (ERA) There are a number of key initiatives concerning off-grid initiatives in the country, among them the enactment of off-grid regulations […]
Energy access

William Kamkwamba To Discuss ‘Empowerment And Energy Access’ At The Youth Energy Summit (Yes!)

“Our vision is to empower 100,000 more ‘Williams’ by aef 2029 to close the gap between population growth and energy access.  The initiatives are there, the need is there, the entrepreneurs are everywhere and YES! is here to identify them and provide them the tools to succeed…” Harry Gibson, EnergyNet William will be joined by: •           Joseph […]
News

Walk The Esg Walk Or Face Significant Risk

POLITICAL AND PUBLIC PRESSURE IS BUILDING ON BUSINESS TO FULLY EMBRACE THE FAST EVOLVING ESG AND SUSTAINABILITY AGENDA. IT’S IMPORTANT, ARGUES GILLIAN NIVEN, THAT MINING, ENERGY AND STEEL COMPANIES ACT NOW. Environmental, Social, Governance (ESG) and sustainability-related matters are undoubtedly now front and centre not only for the extractive and steel industries but for business […]
Finance

MCB Ltd supported Infinity Renewable Energy BV’s acquisition financing for Lekela Power

(24 March 2023) The Mauritius Commercial Bank Limited (“MCB”) is pleased to announce that it has acted as joint Mandated Lead Arranger (MLA) in relation to an initial senior loan facility to support Infinity Power on its acquisition of Lekela Power. Infinity Power is a joint venture between Egypt’s Infinity and UAE’s Masdar. The transaction […]
Projects

Closing The Coverage Gap: Providing Electricity & Connectivity To Africa’s Healthcare Facilities

It’s a fraction that amounts to approximately 100,000 hospitals, clinics, surgeries and pharmacies. And its impacts have been exacerbated by the past year’s battle with COVID-19. Even prior to the pandemic, these facilities – often situated in more rural areas of the region, but not exclusively so – were plagued by poor lighting, ineffective power […]
Coal

South Africa’s Ipp Office Announces Reipppp Bw6 Request For Proposals (Rfp)

As the world talks about the energy transition, South Africa’s Department of Mineral Resources and Energy (DMRE), through its IPP Office has recently announced the REIPPPP BW6 Request for Proposals (RFP).  This bid round will add 2,600 MWs of new capacity to the energy mix, the second to be released in line with the Ministerial […]

Energy news