Pan African Capital Group LLC
10/21/2021 | Press release | Archived content
GridX Africa injects $7million for Renewables in Kenya
GridX Africa has injected KSh770 million ($7 million) investment into Two Rivers Power Company (TRPC) to expand renewable energy infrastructure for Centum Real Estate projects. TRPC is a wholly owned subsidiary of Two Rivers Development Limited ("TRDL") and was established to ensure the provision of reliable power to the Two Rivers Development in Nairobi, Kenya. The investment marks the beginning of a larger relationship between GridX and Centum RE, leveraging Centum RE's strong track record of building mixed-use developments serviced by captive utilities, and GridX's experience developing and financing renewable and distributed energy infrastructure. Read more…
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