Aboadze, Ghana – 12 December 2016 – Amandi Energy Limited (Amandi Energy) today announced that it has reached financial close and begun construction of the $550 million Amandi Energy Power Plant, a 192 megawatt (MW) combined cycle dual-fuel power project in Aboadze, Ghana.
Sandton: Harith General Partners has invested in NOVO Energy, a power and technology company that specialises in supplying alternative fuel technologies and services in Africa. Harith, the South African based fund manager, purchased a significant shareholding at NOVO Energy through its US$435m second Pan African Infrastructure Development Fund (PAIDF2).
The Board of Directors of the African Development Bank on Tuesday, December 17, 2013 in Tunis, approved a US $25-million equity investment in the Second Pan-African Infrastructure Development Fund (PAIDF-2), a private equity fund investing in infrastructural development, private sector competiveness and regional integration in Africa.
The Board of Directors of the African Development Bank (“AfDB”), on Wednesday 30th October, approved a USD 20 million equity investment in the ARM-Harith Infrastructure Fund (“ARMHIF”), a new indigenously-managed specialist private equity Infrastructure Fund set up by Asset & Resource Management Company Ltd (“ARM”) in partnership with Harith General Partners Pty (“Harith”) of South Africa, and its specialist team of fund management professionals.
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