This news is classified in: Sustainable Energy Wind
Mar 4, 2024
Mainstream picked up two awards in this year’s Infrastructure Investor Annual Awards, for the sale of the Lekela Power platform in 2023.
Established by Mainstream as a joint venture with Actis in 2015 to deliver clean, reliable energy across Africa, Lekela became the continent’s largest pure-play renewable energy Independent Power Producer. It is now powering some 3 million African households.
Mainstream won awards in two categories for the deal:
Analysis By Type (Central, String and Micro), By Phase (Single Phase and Three Phase), By Connection Type (On Grid and Off Grid), By End User (Utilities, Residential and Commercial & Industrial), By Region Size & Forecast with Impact Analysis of COVID-19
Download free sample pages“These two awards are recognition of the vision and hard work of the Mainstream team, delivering and operating more than 1GW in some of the world’s more challenging markets is testament to our tenacity, knowhow and expertise. We are looking forward to expanding our footprint in especially South Africa through new routes to market."
The Lekela platform consists of over 1 GW of fully operational wind assets, including:
The sale reflected the successful culmination of Mainstream and Actis’s partnership strategy for Lekela, following a comprehensive value creation approach.
