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NAMIBIA: Mergence becomes majority shareholder in Ejuva power plants

14 May 2021

Mergence Unlisted Investment Managers Namibia, the subsidiary of fund manager Mergence Investment Managers, has become a majority shareholder in the Ejuva solar power plants in Namibia. The shares were acquired from the project developer CIGenCo, a subsidiary of Consolidated Infrastructure Group. The two adjacent solar power plants have a capacity of 10 MWp.