Cases & Deals

Lekela Power sold to Infinity Group and Africa Finance Corporation in Africa's biggest renewable energy deal

Clients Management Shareholders of Lekela Power B.V.

Jones Day is acting as counsel to the management team of Lekela Power in its acquisition by Infinity Global Energy, a joint venture between Infinity Worldwide Investments and Africa Finance Corporation in Africa’s biggest renewable energy deal.

Lekela consists of a leading management team and operates over 1 GW of fully operational wind assets, including five operational wind farms in South Africa (624MW), one operational wind farm in Egypt (252MW), one operational wind farm in Senegal (159MW) and a pipeline of development opportunities in Ghana, Senegal and Egypt. Lekela takes mid or late-stage renewable energy developments into long-term operation and delivers utility scale projects.

Closing is conditional upon regulatory approvals and customary closing conditions.