Article length: 672 words

New IPP formed from Building Energy buyout

South African asset manager Inspired Evolution’s Evolution II Fund has partnered with the management of Building Energy to acquire Building Energy’s Africa and Middle East business. The new company, rebranded as Red Rocket, is majority owned by Evolution II and is being positioned as a new African integrated independent power producer, Red Rocket chief executive Matteo Brambilla told African Energy.

Go to full article

Credit value: 8

African Energy Gulf States Newsletter