Infinity Power Holdings
Infinity Power is Africa’s largest pure play renewable energy provider focusing on utility-scale solar and on-shore wind technologies. The company was set up through a joint venture between Infinity Energy (one of the largest renewable energy companies in Egypt) and Masdar (Abu Dhabi Future Energy Company).
AFC is a key shareholder of Infinity Energy, alongside the European Bank for Reconstruction and Development (EBRD).
In 2023, Infinity Power successfully closed the acquisition of Lekela Power BV, Africa’s largest wind platform. AFC played a leading role in proffering an innovative funding solution, with the Corporation deploying a suite of equity and quasi-equity instruments. Following the acquisition, Infinity Power Holdings is now the largest renewable energy company in Africa, with 1.3 GW of operational projects and a 14 GW project pipeline. Through its operations, Infinity Power avoids more than 3.4 million tons of CO2 emissions per year, generates more than 4,000GWh of zero carbon energy, and powers more than 1.2 million homes, earning global recognition as a UN sustainability climate leader.
Find out more about Infinity Power here: https://weareinfinitypower.com/home