Rockefeller Brothers Fund Invests in Venture to Install 1.3 Gigawatts of Renewable Electricity across Africa by 2018

Friday, January 20, 2017

Rockefeller Brothers Fund Invests in Venture to Install 1.3 Gigawatts of Renewable Electricity across Africa by 2018

The Rockefeller Brothers Fund invested in the Lekela Power platform -- a joint venture between Mainstream Renewable Power Ltd. and Actis LLP that plans to install more than 1.3 gigawatts of renewable electricity across Africa by 2018.

 The African Renewable Energy Initiative, under the mandate of the 54-member African Union, was started in 2015 and is targeting $20 billion of investment to develop at least 10 gigawatts of power by 2020...