Mainstream and Actis sign agreement to sell Africa-based Lekela Power

Mainstream Renewable Power and investment firm Actis have decided to sell Lekela Power, an African renewable energy platform, for around $1.5 billion. Lekela Power will be purchased by Infinity Group and Africa Finance Corporation (AFC), subject to regulatory approvals and customary closing conditions. Lekela is a pure-play independent power producer of renewable energy and was founded in 2015.

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