Egypt’s B Investments mulling USD 15-20 mn acquisition in Benban solar plant

M&A WATCH- B Investments eyes 50% stake in 50 MW Benban solar plant: Private equity firm B Investments is looking to acquire a 50% stake in a 50 MW Benban solar plant for USD 15-20 mn, CEO Hazem Barakat told Al Mal. The company will make the decision in 1Q2019, he said. B Investments already holds stakes in three projects in the massive solar park through renewable energy player Infinity Solar.