Red Rocket prepares major offensive on continent
The independent power producer – spun off from Italian EPC builder Building Energy – is looking to raise funds to expand in Africa.
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▪ Red Rocket prepares major offensive on continent
▪ The independent power producer – spun off from Italian EPC builder Building Energy – is looking to raise funds to expand in Africa.
The company plans to double or triple its portfolio. Red Rocket‘s founder and CEO, Matteo Brambilla, says the goal is to match the vitality of the renewable energy sector in Africa. Today, Red Rocket owns four assets (hydro, solar and wind) and is building a more mature pipeline of assets for its next phase of acquisitions. The company is looking to add more powerful assets, particularly outside its original hunting ground of South Africa.
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