A.P. Møller Capital acquires Kenyan power plant

A.P. Møller Capital has made its first investment in Kenya in the form of Iberafrica Power of 52.5 MW. A South African company has previously attempted to buy the plan for EUR 54 million (DKK 400 million).

Photo: Jens Hartmann Schmidt

A.P. Møller Capital has added another significant element to its portfolio of African infrastructure.

This time, it's Kenyan thermal power plant Iberafrica Power of 52.5 MW, which A.P. Møller Capital has acquired from Naturgy. It's the first time that the private equity firm makes an acquisition in Kenya.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Why do Nordic funds have so few female portfolio managers?

Only 16 percent of fund managers in Sweden are women. The figure is 11 percent in Finland, while just 6 percent of fund managers in Denmark and Norway are female. AMWatch has talked to four Nordic women in finance in search of answers regarding this imbalance and to hear about their career experiences. 

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch