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- AFC marks milestone momentum as investee company Infinity Power achieves financial close on Egypt’s 200MW Ras Ghareb Wind Farm, reinforcing growing global investment in African-led infrastructure
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Africa Finance Corporation (AFC)-Backed Infinity Power Achieves Financial Close on 200MW Ras Ghareb Wind Farm Project in Egypt
Once operational in 2027, Ras Ghareb will generate approximately 810,000 MWh of clean electricity per year—enough to power over 300,000 homes and avoid around 390,000 tonnes of CO₂ annually
Africa’s largest renewable energy company, AFC-backed Infinity on track to reach 10GW target Follows US$700m raise by AFC investee company Arise IIP and record $1.5bn AFC syndicated loan as global capital flows to African-led infrastructure Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that its…