Power gets multi million dollar attention
19th Jan 2015 A special project, has been designed to invest in the early stages of development of power projects in Africa. The vehicle called Access Infra Africa, is the biggest privately funded of its kind and has an interesting ambition; it intends to develop a plan which realizes a portfolio of power assets in the continent valued at five hundred million dollars. The project will be implemented by Access power MEA, a power project developer based in Africa and the Middle East and EREN, a top renewable energy outfit.
The CEO of EREN development, David Corchia is quoted as saying “Access Infra Africa perfectly illustrates EREN’s strategy of developing renewable projects in areas of the world where renewable energy represents a competitive answer to growing local energy needs, such as Africa. We are thrilled to bring our global expertise in the field of renewable energy to Access’ world class team and strong regional presence”
Part of the conglomerates achiev