Thursday, December 8, 2022

Zouk & Vulcan in Off-Grid deal

Zouk Capital has sealed its first deal in Africa, joining Vulcan Capital on the $16million financing round of Tanzania-based renewable energy provider Off-Grid Electric. Vulcan,...

EAV in series-A deal

Energy Access Ventures (EAV) has led a series-A investment round into Solarise Africa, a Kenya-based financial services company focused on the energy space.

Argentil delivers O&G deal

Àrgentil Capital Management has backed First Modular Gas Systems Limited (FMGSL), a greenfield midstream oil & gas portfolio company based in Nigeria. The financial...

Shell Ventures in energy deal

Shell Technology Ventures (STV) has signed a deal to invest $20 million worth of equity into emerging markets-focused renewable energy provider Husk Power Systems....

SunFunder gets fund commitment

SunFunder has received a $15 million commitment to Beyond the Grid Solar Fund, a specialist private debt fund. The Overseas Private Investment Corporation (OPIC) is...

Aster delivers LP co-invest deal

Aster Capital has led a series-A funding round in SolarX, a renewable energy developer based in Mali – in a co-investment deal with...

Swiss investor lands cookers deal

A Switzerland-based investor has signed a buyout deal, backing an investment into an industrials company that manufactures cooking stoves.

Pembani & Israel CV partner on deal

Pembani Remgro Infrastructure Managers (PRIM) has backed Africa-focused renewable energy provider Lumos Global, as part of a $90 million capital raise. Existing shareholder Israel...

AIIM in $316m Kipeto energy deal

The African Infrastructure Investment Managers (AIIM) is backing a $316million investment into Kipeto Wind Project, a greenfield renewable energy production company in Kenya. The deal...

Aster holds EAVF 1st close

Aster Capital has held the first close of its Africa focused specialist vehicle Energy Access Ventures Fund (EAVF). The fund has raked in $60 million...