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ENGIE and Meridiam to Acquire BTE Renewables from Actis

BTE has a solar and wind project development pipeline of ~5 GW across the pan-African region

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Sustainable infrastructure investor Actis has agreed to sell the entirety of BTE Renewables (BTE) to France-based energy firm ENGIE and global investor and asset manager Meridiam. Upon completion of the transaction, ENGIE will acquire BTE’s South African renewable project portfolio and team, while Meridiam will take ownership of the Kenyan portfolio and team.

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