The operator's acquisition of a 70% stake in Vodafone Ghana has been approved by the regulator after a failed bid last year.The Ghanaian regulator, on Monday approved the transfer of Vodafone International Holdings BV's majority stake in Vodafone Ghana to Telecel Group. The decision was made following the submission of a purchase proposal to the regulator in January 2022, which was revised by Telecel in August.
CVE is financing itself with bonds: the independent renewable energy producer is contracting a €20 million bond line with Bridge, the debt platform of Edmond de Rothschild AM. The facility, which can be increased to €30 million next year, will be backed by a portfolio of solar assets under development in France.
MoneyTrack announces a new round of financing for a total amount of 2 million euros from its historical shareholders, Truffle Capital, a leader in the financing of fintechs and insurtechs and AG2R LA MONDIALE, via its ALM Innovation fund, as well as from the investment fund ACCURAFY4. MoneyTrack has developed a platform based on blockchain technology to digitize, secure and control payment flows between funders, partners and beneficiaries.
Green Genius finances its solar parks in Lithuania. The pan-European renewable energy developer has secured €42 million in financing to build eight photovoltaic projects with a total capacity of 65.7 MW from RGreen Invest, which is acting through its Infrabridge III fund.
The American HEICO has finalized the acquisition of the French EXXELIA. EICO Corporation announced that its Electronic Technologies group has completed the acquisition of Exxelia International. HEICO acquired approximately 94% of the outstanding shares of Exxelia, with the remaining balance held by certain members of the Exxelia team.
Verso Energy opens its capital to two investors The developer and operator of renewable solutions raises €50 million from Eiffel Investment Group, which invests via its Eiffel Gaz Vert vehicle, and venture capital firm AMS Capital. The two structures seized a 30% stake in the capital – the balance being held by the founders Antoine Huard and Xavier Caïtucoli.
CAPITAL EXPORT invests in SEAT VENTILATION. Capital Export invests mainly in the SEAT Ventilation Group, a leading French equipment manufacturer of gas and vapour extraction systems toxic, during its secondary LBO. The group is embarking on a new phase of international expansion.
Alantra deploys a photovoltaic fund with an industrial and two asset managers The Spanish investment bank is using its asset management business alongside developer Solarig to create N-Sun Energy, a €1.7 billion fund dedicated to solar energy. Amundi Transition Energétique and the Swiss Reichmuth are co-investing €265 million in the operation.
Emerging Africa Infrastructure Fund releases €25 million for a hydropower plant in Côte d'Ivoire. The Emerging Africa Infrastructure Fund, a private infrastructure development group company, has approved €25 million in financing for Ivorian electricity company Hydro Energy.
SGP completes its first bond issue 2023 The designer of the Île-de-France transport network issues €1 billion on the markets, at a coupon of 3.5% – well above its previous investments. This is the twelfth syndicated transaction in its Green Euro Medium Term note program.
"The PATRIARCHE Group welcomes EURAZEO to its capital. This investment is the third transaction carried out by ECR in the last 4 months, after Manufactors Invest and "Projet Etoile". Three other companies, with which ECR is exclusive, are expected to join the portfolio in early 2023 when the fund supports their development."
Elmed, the electricity connection project between Tunisia and Italy approved by European operators. The European Union has given the green light to Elmed, the electricity interconnection project between Tunisia and Italy that involves the construction of a 200-kilometer submarine cable that will link Tunisia and Italy.