Actis related stories
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- SunEdison buys Globeleq Mesoamerica Energy
SunEdison Inc. said Tuesday that has agreed to buy Globeleq Mesoamerica Energy (GME). Financial terms weren't announced. SunEdison is buying 70 percent in GME from Actis and 30 percent from Mesoamerica Power Limited. Costa Rica-based GME is a wind energy provider in Central America.
- Actis names Torbjorn Caesar its new Senior Partner
Actis said Tuesday that it elected Torbjorn Caesar as the firm’s new Senior Partner effective immediately. Torbjorn is succeeding Paul Fletcher, who becomes Non-Executive Chairman of the Firm. Torbjorn was previously Co-head of Actis’ energy business.
- Actis opens its Mexican office
The firm is looking to strengthen its commitment to the Latin American energy sector
- Actis opens office in Mexico City
Actis said Tuesday it has opened an office in Mexico City. Actis focuses on emerging markets with investments in Asia, Africa and Latin America. Other Actis offices are located in Sao Paulo, Cairo, Beijing, Mumbai, Johannesburg, London, Nairobi, Delhi, New York, Lagos and Singapore
- Joint CDC-IFC project in Kenya to open Thursday
Actis, in partnership with CDC and IFC, will complete phase one of its major project in Nairobi
- Actis sells down stake in North African snack business
The dual listing on the Egyptian and London Stock exchanges gives Edita a market cap of $880m
- Actis partially exits Edita Food
Actis said Thursday it has sold 15 percent of its stake via the IPO of Edita Food Industries. Actis invested US$ 102 million for a 30 percent stake in Edita in June 2013. Edita, an Egyptian snack food maker, is trading on the Egyptian and London stock exchanges.
- PEI Awards 2014: KKR, Hony Capital, HarbourVest win big
PEI’s annual awards garnered more than 35,000 votes from industry insiders to blend familiar names with some new faces at the top of 2014’s roll of honour
peHUB First ReadFirst Read starts your week with news of Twitter reviewing an alleged ISIS threat to co-founder Dorsey, two chip makers will merge in a deal worth $11.8 billion and without revealing a name, Warren Buffett says he has a successor in mind.
Grad jumps to Actis after 5 years with Irving Place: UPDATEDPatricia Grad has left Irving Place Capital after nearly five years, two sources said.