Enel Green Power seeks to repeat its Zambian triumph
The subsidiary of the Italian energy giant is raising €200 million for solar power projects in Africa. In 2018 its first project in Zambia surpassed expectations with its particularly low kWh cost.
05/11/2019 at 17h11, by Joël Té-Léssia Assoko
Run since 2017 by Antonio Cammisecra (engineering graduate from the University of Naples and holder of an MBA from the SDA Bocconi School of Management), Enel Green Power (EGP) seeks to extend its interests beyond southern Africa where it has to date recorded its first success stories.
Recommended articles
Electricity
17/01/2024 at 16h56, by Africa Business+
Copperbelt Energy Corporation’s new shareholding following Affirma Capital’s $145 m investment
Affirma Capital, a private equity firm founded by former Standard Chartered Bank employees, has decided...
Renewable energies
11/07/2023 at 13h27, by Africa Business+
Prequalified for Masen’s Noor Midelt II contract, Italy’s Enel has invested €8m in its Moroccan subsidiary
Almost ten years after setting up its first subsidiary in Morocco, Enel has confirmed its appetite for...
Renewable energies
12/11/2021 at 20h49, by Africa Business+
Enel to sell shares in five South African wind power plants
The divestment will reduce the installed capacity in the country to 522 MW and may trigger an early...
Electricity
08/06/2021 at 16h33, by Africa Business+
Enel draws €707 million on the Absa and Nedbank South African wind power credit line
The bank financing is to help the local renewable energy subsidiary build a 700 MW wind farm.