Going, going, gone: Mainstream, Actis strike Lekela sale deal

Going, going, gone: Mainstream, Actis strike Lekela sale deal

Mainstream Renewable Power and Actis have struck a deal to sell Lekela Power to Infinity Group and Africa Finance Corp. (AFC).

The companies did not disclose the value of the deal. The agreement is subject to regulatory approval and customary closing conditions.

Bloomberg, in June, reported Lekela was valued at around $1.8 billion.