Mainstream Renewable Power Signs Agreement for the Sale of African Renewable Energy IPP
· Mainstream Renewable Power and Actis have signed an agreement to sell Lekela Power (“Lekela”), Africa’s largest pure-play renewable energy independent power producer, to Infinity Group and Africa Finance Corporation (“AFC”) · This planned exit reflects the successful culmination of Mainstream and Actis’ partnership strategy for Lekela, with the platform consisting of a leading management team, over 1 GW of fully operational assets, and significant growth prospects. 18 JULY 2022 - Mainstream Renewable Power (“Mainstream”), the global wind and solar company majority-owned by Aker