Lekela Power, a joint venture between Actis and global renewable energy developer Mainstream Renewable Power, has acquired co-development rights and sole rights to invest in the 158 MW Taiba Ndiaye Wind Project in Senegal.

Lekela Power, a Pan-African renewable energy generation platform delivering utility scale wind and solar power in the region, continues to build on its growth strategy.

Its current portfolio in construction and development is in excess of 1.3 GW with projects in Egypt, Ghana, South Africa and now Senegal.

The Taiba Ndiaye Wind Project offers a lowest cost power solution to the exciting and expanding power market of Senegal.

It is expected to be a significant component in the Senegalese government's plans to improve energy security by diversifying its energy mix and enhancing the use of renewable energy to meet the country's rapid energy demand.  

With a committed and experienced team driving project development, Lekela anticipates reaching financial close this year.

Chris Antonopoulos, Lekela’s CEO said: “Energy is critical to the African continent and its continued growth. Lekela is uniquely positioned as a long term investor to provide clean, secure, reliable and competitive renewable energy in Senegal and across Africa."