Fortis Green Renewables Investment Management, a renewable energy investment firm currently investing out of its Green Fund I, and AXIAN Energy, a division of the Pan-African Group AXIAN, are pleased to announce the acquisition of stakes in Gigawatt Global Rwanda Ltd (Gigawatt Rwanda), a solar power plant located in Rwanda, on the grounds of the Agahozo-Shalom Youth Village in Rwamagana.

As part of this transaction, Fortis Green Fund I Rwanda Holdings Ltd holds 51% of the shares in Gigawatt Global Rwanda Ltd, while NEA Rwanda Ltd, a subsidiary of AXIAN Energy, holds the remaining 49%.

For more information, please see https://www.ecofinagency.com/finance/0208-45771-energy-transition-axian-energy-and-fortis-green-acquire-solar-plant-assets-in-rwanda