Enel Teams up With Qatar Wealth Fund on Africa Green Energy Projects
Italy’s biggest utility Enel has signed a deal with the Qatar Investment Authority to develop renewable energy projects in Sub-Saharan Africa, the two groups said.
Under the deal, the Qatar sovereign wealth fund will, as a first step, buy half of Enel’s stake in 800 megawatts of its existing renewable capacity in South Africa and Zambia.
No financial details were disclosed.
Photo courtesy of andreas160578.
Source: ETEnergyWorld (link opens in a new window)
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