Announcements Archive
Rabai completes construction and commences full commercial operations
Helen Tarnoy appointed as new Managing Director
Rabai succesfully synchronized to the grid.
Completion of Second Round of Corporate Financing
Double award as Project Finance magazine pronounces Rabai 'African Power Deal of the Year' 2008
Rabai awarded PFI 'African Power Deal of the Year' 2008
CEC lists on Lusaka Stock Exchange
Construction of new 90MW diesel power plant in Rabai, Kenya
Aldwych International unconditionally prequalified by Eskom for baseload tender
Kenyan High Court Case Withdrawn
Announcements
February 27th, 2009
Completion of Second Round of Corporate Financing
Aldwych Holdings and Aldwych International (together “Aldwych”) are pleased to announce the completion of a second round of corporate financing. The transaction comprises approximately £14.5 million of fresh equity and €27 million of senior debt. The financing parties are Absa Capital, the Emerging Africa Infrastructure Fund (managed by Frontier Market Fund Managers), FMO (Netherlands Development Finance Company) and the Pan African Infrastructure Development Fund (managed by Harith Fund Managers).
