The Africa Renewable Energy Fund (Aref) II has concluded its first close at €125-million, following a joint investment of €17.5-million from The Sustainable Energy Fund for Africa and the Climate Technology Fund through the African Development Bank (AfDB). Aref II, a successor to the original fund, is a ten-year closed-ended renewable energy private equity fund with a $300-million target capitalisation.
from Engineering News | Home https://ift.tt/3xvY9XP
