GreenCo secures US$11,5m backing

GreenCo founder and group chief financial officer Pug Bennet

AFRICA GreenCo has secured a further US$11,5 million from ex­isting shareholders as the regional renewable energy trader moves to expand its role in southern Africa’s electricity market. The investment from the Private Infrastructure Development Group (PIDG) and Impact Fund Denmark (IFDK) brings the company’s third funding close to US$21,5 million, following the entry of Sanlam…

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