Mainstream, Actis to sell Lekela to Infinity and AFC

Renewable energy company Mainstream Renewable Power and sustainable infrastructure investment company Actis have signed an agreement to sell renewable energy independent power producer Lekela Power to diversified investments company Infinity Group and multilateral financial institution the Africa Finance Corporation (AFC). “This planned exit reflects the successful culmination of Mainstream’s and Actis’ partnership strategy for Lekela, with the platform consisting of a leading management team, over 1 GW of fully operational assets and significant growth prospects,” the companies said on July 18.