London-based private-equity firm Actis LLP is looking at African energy projects to add to the $1 billion it has already invested in the sector on the continent.
“We’re seeing some new opportunities that we’ve not yet approved,” Neil Brown, a partner and head of the Investor Development Group at Actis, said in an interview.
Investments will probably be spread across East and North Africa and also in South Africa, although no commitments have been made.
Africa, which has a population of 1.3 billion people, has an electricity-access rate of just over 40%, the lowest in the world, according to the African Development Bank. South Africa, the continent’s most-industrialized economy, has battled power shortages since 2008 after the government failed to invest in new plants in time to replace aging equipment and infrastructure.
The emerging-markets investor now plans to bid for the nation’s Risk Mitigation Independent Power Producers Procurement Programme, Brown said. The government wants 2,000 megawatts of capacity from independent power producers after a record year of power outages.
Actis also plans to participate in the fifth round of bidding for the country’s Renewable Energy Independent Power Producer Programme, he said. This could either be through new plants, such as solar and wind farms, or the firm could buy existing operating facilities that can be improved, said Brown.
Actis has investments in about 25 power projects in countries including Nigeria, South Africa, Senegal, Egypt, Kenya, Mozambique and Cameroon.
Source: Bloomberg
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
有道词典是由网易有道出品的全球首款基于搜索引擎技术的全能免费语言翻译软件。简介. 支持中文、英语、日语、韩语、法语、德语、俄语、西班牙语、葡萄牙语、藏语、西语等109种语言翻译。拍照翻译、语音翻译、对话翻译、在线翻译、离线翻译更顺畅。更多的翻译 https://www.youdaoo.com
https://www.tellern.com Telegram应用是开源的，Telegram下载的程序支持可重现的构建。Telegram同时适用于以下环境：Android安卓端，iPhone 和 iPad及MacOS的Apple端，Windows/Mac/Linux桌面版