Actis and Mainstream, a global wind and solar company, have agreed to sell the Lekela platform, the African continent’s largest pure-play, renewable-energy independent power producer, to Infinity Group and AFC.
The platform was launched as part of a joint venture between Actis (60 percent), and a mainstream-led consortium, Mainstream Renewable Power Africa (40 percent). Actis said the sale reflects the successful culmination of their partnership strategy for Lekela.
“This exit highlights the hands-on approach we take at Actis as builders and operators of leading energy platforms of scale, delivering positive impact,” said Lucy Heintz, partner and head of energy infrastructure, at Actis. “We’re proud to leave Lekela strongly positioned for its next phase of growth as an acknowledged sustainability leader supplying much-needed clean energy to communities across Africa, building on our net-zero commitment.”
Lekela was established in 2015 to deliver clea
