London-based private equity firm Actis has taken control of the 100-megawatt Kipeto Wind Power project in Kenya, after successfully buying out most of the project’s shareholders.

Kipeto Energy Ltd (“Kipeto”) announced it has reached financial close following the acquisition by Actis of the respective equity interests of IFC, a member of the World Bank Group and African Infrastructure Investment Managers'(“AIIM”), a member of Old Mutual Alternative Investments.

Link: https://allafrica.com/stories/201812200065.html

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