Your Infra Network
The United Arab Emirates has recently invested heavily in the renewable energy sector in Africa, increasing partnerships with states. The Abu Dhabi Sustainability Week (ADSW) 2023, which took place from January 14 to 19, highlighted the issues related to the energy transition and the need to develop green energy.
The mining company Grande Côte Operations (GCO), the Senegalese subsidiary of the Eramet Group, wants to reduce the impact of its mining operations in Lompoul, a desert area located in northwestern Senegal, by developing its "Oasis of the desert project"in the location.
Following the launch of its Climate Impact Fund III, the Spanish fund manager is setting up shop in France. The SFDR 9-rated fund adopts a value add strategy, targeting browfield and greenfield energy transition assets across the Old Continent, with a target size of €300m and a hard cap of €400m.
ALANTRA is joining forces in the energy transition, and the Spanish financial group, listed in Madrid, is creating a division dedicated to this theme. The new entity is headed by François de Rugy, former French Minister of Ecological Transition, and Nemesio Fernandez-Cuesta, former Spanish Secretary of State for Energy.
Ademe Investissement, the agency for ecological transition, has invested in Electra. In VC, they have, together, an investment project of 20M euros to develop 300 terminals in 3 years.
BNP Paribas sells its subsidiary Bank of the West to BMO Group for 16.3 billion. Sale to close February 1, 2023 if all goes well. The objective for BMO is to create a large North American bank
AfricInvest Group makes a minority investment in Justrite, a retail business, to further develop its offering of essential products in the country
EDF sells Sloe CCGT (Netherlands) to EPH, a power producer and grid operator
BPIFrance is investing in Solen, a company specialising in the design, sale and rental of compaction equipment, through its France Investissement Energie Environnement 2 (FIEE2) fund, in order to develop at European level.
Hype, the hydrogen subsidiary of Société du Taxi Electrique, welcomes Vinci Concessions as a shareholder with a €15 million investment to develop in France and internationally. Vinci's resources will be an interesting support for the development of Hype.
Blue Pearl Energy, a network of European SMEs in B2B energy, acquires a majority stake in Colordom, the Spanish biomass heating specialist
The investment company EURAZEO has finalized the acquisition of WIISMILE, a digital platform that supports SMEs in hiring and managing their employees. Eurazeo has invested €78 million in Wiismile to hold over 60% of the capital.