Advisers to Gridworks-Virunga Power transaction
The power grid specialist Gridworks, wholly owned by British International Investment (BII), announced a $50 million investment in Virunga Power, a developer of hydroelectric projects in East and Southern Africa. Africa Business+ provides the inside story.
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▪ Advisers to Gridworks-Virunga Power transaction
▪ The power grid specialist Gridworks, wholly owned by British International Investment (BII), announced a $50 million investment in Virunga Power, a developer of hydroelectric projects in East and Southern Africa. Africa Business+ provides the inside story.
▪ https://www.africabusinessplus.com/en/814466/renewables-advisers-to-gridworks-virunga-power-operation/
The project, announced on 20 December, mobilised several councils and has been in preparation for more than two years. According to Africa Business+ sources, finalisation will be before the end of June this year.
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