Irish fund eyes renewable energy projects in Africa

21st June, 2015

Irish-based investor Greencoat Capital is eyeing a new $200 million fund for investment in renewable energy projects in Africa.

The fund, which would be managed and serviced in the IFSC, would seek investment from multinational companies as well as government and non-governmental development agencies, with energy projects in Africa seen as a viable alternative to direct investment in development projects.

Projects funded would include localised solar farms, separate from the national grid, which can suffer from...

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