Mainstream Renewable Power and Actis signed an agreement to sell Lekela Power, Africa’s largest pure-play renewables IPP (independent power producer) to Infinity Group and Africa Finance Corporation (AFC) for an undisclosed amount.

Lekela currently has over 1GW in operational wind capacity across South Africa, Egypt and Senegal that provides electricity to close to three million households, as well as 325MW in wind projects and 175MW battery storage in its development pipeline.