Africa GreenCo has announced an additional US$11.5 million investment from its ...
existing shareholders, the Private Infrastructure Development Group (PIDG) and the Impact Fund Denmark (IFDK), to support the growth of its renewable energy trading platform in Southern Africa.The latest investment, delivered through PIDG’s project development solution, InfraCo, brings Africa GreenCo’s total third-close fundraising to US$21.5 million following a recent investment by Sanlam Alternative Investments.
Africa GreenCo is a regional energy trader and intermediary off-taker that supports renewable energy Independent Power Producers by providing bankable power purchase arrangements and payment security.
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