{"id":570841,"date":"2020-04-16T04:37:58","date_gmt":"2020-04-16T04:37:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/16\/infinity-power-to-invest-usd-750-mn-in-clean-energy-in-egypt-africa\/"},"modified":"2020-04-16T04:37:58","modified_gmt":"2020-04-16T04:37:58","slug":"infinity-power-to-invest-usd-750-mn-in-clean-energy-in-egypt-africa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/16\/infinity-power-to-invest-usd-750-mn-in-clean-energy-in-egypt-africa\/","title":{"rendered":"Infinity Power to invest USD 750 mn in clean energy in Egypt, Africa"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- <\/strong>Infinity Energy and the UAE\u2019s Masdar are planning to invest USD 750 mn in clean and renewable energy <\/strong>in Egypt and other African markets through their new joint venture, Infinity Power, Al Mal reports<\/a>, citing sources in the know. Infinity Power, which was set up as an equal partnership in January<\/a>, aims to acquire assets generating 1 GW of clean energy by establishing new wind farms, bidding in new tenders, and acquiring existing projects, the sources said, without providing further details.<\/p>\n

Background:<\/strong> The European Bank for Reconstruction and Development became a shareholder<\/a> in Infinity Energy in January after investing USD 60 mn in the company. The new investment is earmarked for developing renewable energy and electricity distribution projects as well as electric vehicles charging stations.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Infinity Energy and the UAE\u2019s Masdar are planning to invest USD 750 mn in clean and renewable energy in Egypt and other African markets through their new joint venture, Infinity Power, Al Mal reports, citing sources in the know. Infinity Power, which was set up as an equal partnership in January, aims to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[571,4954,72,4953,4952,151,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570841","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-ebrd","tag-electric-vehicles-charging-stations","tag-enterpriseam","tag-infinity-energy","tag-infinity-power","tag-renewables","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2de29387-7276-455d-bbb5-e72e62d44a41","is_powered_by":true,"section_story_id":"534d27dd-1a99-4ffd-8382-86ca774067ea","story_type":"1","photo_url":"","photo_position":"above","related_issue":[570832],"teaser":"","voice_url":""},"yoast_head":"\nInfinity Power to invest USD 750 mn in clean energy in Egypt, Africa - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/16\/infinity-power-to-invest-usd-750-mn-in-clean-energy-in-egypt-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Infinity Power to invest USD 750 mn in clean energy in Egypt, Africa\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Infinity Energy and the UAE\u2019s Masdar are planning to invest USD 750 mn in clean and renewable energy in Egypt and other African markets through their new joint venture, Infinity Power, Al Mal reports, citing sources in the know. 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