Two Point Zero acquires Azura Power stake
To Power Zero Group announced that its subsidiary, E Power Zero Holding, has entered into an agreement to acquire a 90% majority stake in Azora Power, pending regulatory approvals. Azora Power manages an operational production capacity of 752 megawatts across three projects in Africa and is developing a project portfolio exceeding 1.5 gigawatts, consisting of gas, renewable energy, and energy storage systems. The acquisition aims to support the company's investments in the energy infrastructure sector, promote the transition toward renewable energy sources, and meet the growing global demand for power.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)