Qatar Investment Authority Teams Up With Enel To Boost Their Renewable Energy Development Program

Energy Markets Feed

Enel’s renewable arm Enel Green Power and a Qatar Investment Authority subsidiary signed a joint venture partnership to build and operate renewable plants in Sub-Saharan Africa, starting with QIA acquiring 50% of EGP’s stake in approximately 800 MW of projects in operation and under construction in South Africa and Zambia.

In line with Enel’s ‘Stewardship’ business model, EGP will support each project in relation to the funding, construction and operation activities of the projects.

A., signed an agreement with a subsidiary of Qatar Investment Authority for a joint venture partnership aimed at financing, building and operating renewable projects in Sub-Saharan Africa.