Globeleq

British electricity firm Globeleq acquires GENCO in Nigeria

British electricity firm Globeleq acquires GENCO in Nigeria

By Prince Okafor A London based independent power generation company operating in Africa, Globeleq, has confirmed it will take 74 percent equity stake in CPGNL Limited, (CPGNL), a Nigerian power business. The current owner of CPGNL, the Clean Energy Group, will retain the remaining 26 percenr shares in CPGNL. Energy Vanguard gathered that the business […]