Pele Green Energy gets wind in its sails for clean energy projects
Sun shines on the firm as Investec arranges preference-share funding towards project equity and working capital
08 June 2020 - 19:02
Pele Green Energy plans to expand its wind and solar projects in Africa after raising capital with the help of Investec.
The first round of financing was done through a preference-share funding arrangement that will invest in project equity and working capital, Pele Green Energy co-founder Obakeng Molabi said, without disclosing the amount. It has taken Pele almost two years to find a financier...
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