Alcazar Energy Partners acquired by China Three Gorges, in talks with EIB for second fund worth $500 million
Now part of the Chinese giant, the Dubai-based vehicle is preparing a new round of investments in renewable energy.
07/03/2022 at 16h30, by Africa Business+
The idea of a second fund is taking shape following the completion of the acquisition of Alcazar Energy Partners by China Three Gorges South Asia Investment (CSAIL). The Asian holding company, which built the colossal Three Gorges hydroelectric dam, and other investors from China, who remain anonymous, took over all the shares of Alcazar Energy Partners last September.
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