AMEA Power Closes a $75 Million Funding Round from SoftBank Group
Source: www.gulfoilandgas.com 11/21/2023, Location: Asia
AMEA Power, one of the fastest growing renewable energy developers in Africa, has closed and received funding for a $75 million equity funding round from SoftBank Group Corp. (“SBG”), a Japanese investment holding company.
SBG’s funding brings together a mutual partnership with SBG joining the Board of AMEA Power. Several international institutional strategic corporate and financial investors are also evaluating a potential investment following on from the SBG investment.
Citigroup Global Markets Limited acted as a Financial Advisor to AMEA Power.
