Ghana’s Genser Energy gets new investors after Vantage Capital’s exit

Ghana’s Genser Energy gets new investors after Vantage Capital’s exit

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GHANA — Vantage Capital, Africa’s largest independent mezzanine fund, announced that it had successfully exited its $18.5 million mezzanine investment in Genser Energy, a management-owned, independent power producer.  Luc Albinski, Vantage’s co-Managing Partner, commented: “Vantage has realised an excellent return on its…

DFC to finance Tetra4 for development of energy infrastructure in South Africa

DFC to finance Tetra4 for development of energy infrastructure in South Africa

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SOUTH AFRICA – International Development Finance Corporation (DFC) announced the first disbursement of a U$40 million loan to Tetra4 Proprietary Ltd. to support the development of critical gas infrastructure and advance energy security in South Africa. Adam Boehler, Chief Executive Officer of…

US solar company SunPower to splits into two business units to enhance efficiency

US solar company SunPower to splits into two business units to enhance efficiency

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UNITED STATES – U.S. solar company, SunPower has revealed that it will split into two publicly traded companies, separating most of its solar panel manufacturing operations from storage and energy services. The announcement resulted in a spike in the company’s share value…