Renewables developers team up

With projects in 15 African countries close to financial close, Dubai-based Access Power MEA has teamed up with Luxembourg and Paris-based Eren Group for its next phase of expansion. Access chairman Reda El Chaar told African Energy the company was looking to leverage funding for a new round of projects. Under the agreement, Eren will acquire a strategic equity stake in Access and a seat on the Access board. On 4 January, Egypt’s Ministry of Electricity and Energy prequalified the Access Infra Africa consortium to develop large-scale wind and solar power plants in the first round of the country’s renewable energy procurement programme.