Namibia: Localisation of Renewable Energy Industry Continues – Mergence Acquires Majority Ownership of Two Solar Plants in Gobabis (All Africa)

06 May 2021

Mergence Unlisted Investment Managers Namibia has increased its shareholding in the two Ejuva renewable energy projects in Gobabis from 17% to a majority stake of 66% having acquired the 49% previously held by co-developer and initial part-financier, CIGenCo, a subsidiary of South Africa-listed Consolidated Infrastructure Group Limited.