Denham Capital, a global energy-focused private equity firm, acting through its International Power Fund, has launched the Africa Power Investment Platform in partnership with Themis.
Themis has been responsible for developing and financing some of Africa’s most significant infrastructure and power projects over the last decade, while Denham Capital is an investor and developer of natural gas-fired and renewable power generation assets across Africa.
The Themis team is actively developing circa 400 megawatts across the African continent, including the 44-megawatt Singrobo hydro project in Ivory Coast, which is expected to break ground before summer 2018, and is targeting the development of more than 1 gigawatt of gas-fired and renewable power generation projects in the medium term. The team will be headquartered in Morocco through the incorporation of a new company, Neo Themis.
“Despite increased competition, the number of projects reaching closing is still largely below the needs of the continent, and this new venture is well positioned to fill the gap,” said Tas Anvaripour, CEO of Neo Themis.
