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Infinity Power acquires 100% of Lekela. PLUS: EKH ups stake in petchem subsidiary
The transaction gave Lekela an enterprise value of USD 1.5 bn
THIS EVENING: Infinity Power closes its acquisition of 100% of Lekela Power +
Good afternoon, ladies and gentlemen. We’re officially in the final countdown to Ramadan, with reminders everywhere that we will soon…
Lekela earmarks USD 2 bn to grow its Egyptian renewables portfolio
Renewable power company Lekela Power is looking to invest USD 2 bn in Egypt over the next four years as…
Infinity, Hassan Allam Utilities, Masdar ink 2 GW green hydrogen agreement + EBRD invests more in Infinity
Our friends at Infinity and Hassan Allam Utilities alongside UAE clean-energy giant Masdar have inked a framework agreement for a…
Infinity, AFC eye USD 4 bn to double Lekela’s capacity
Infinity + AFC plan USD 4 bn investment to double Lekela’s capacity: Our friends at renewables player Infinity Group and…
Infinity will become Africa’s largest renewables player through Lekela acquisition
Infinity + AFC just sealed Africa’s largest-ever renewables acquisition: Our friends at renewables player Infinity Group and Africa Finance Corporation…
THIS EVENING: Infinity is buying up all of Lekela + El Sisi talks COP27 at Petersberg Climate Dialogue
Happy Monday, wonderful people. It’s not a particularly busy day on the news front here at home, but the news…
THIS MORNING: Privatization, privatization, privatization
Good morning, friends, and happy hump day. We’re counting the hours until we can enjoy Semsema and Stavolta this afternoon…
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