AFRY acted as technical advisor to Infinity group for Africa’s largest renewable energy transaction
AFRY has supported Infinity group and Africa Finance Corporation (AFC) in securing the acquisition of Lekela Power.In July this year Infinity group and AFC signed an agreement to buy Lekela Power from Actis, a global investor in sustainable infrastructure, and a consortium lead by Mainstream Renewable Power. The deal will be finalised after regulatory approvals and fulfilment of customary closing conditions. Established in 2015, Lekela Power today represents the largest Independent Power Producer focused on renewables in Africa. Lekela’s portfolio comprises several operational wind