“Asource has exclusively told Daily News Egypt that Infinity company is currently building an energy platform across Africa, and is expected to IPO in the near future.
The source added that private equity firm, B Investments, has two options regarding its investment in Infinity, both of which are under discussion.
The first option is accepting any of the offers placed by potential interested parties, and exercising an exit. The other entails swapping into a bigger investment in this area.
In partnership with Infinity and ib vogt, BPE Partners and its managed vehicles own a portfolio of three solar power generation plants located in Benban, Aswan governorate, with a total capacity of 130 MW.
The company is expected to distribute dividends in the first quarter (Q1) of 2021, amounting to 12-15% of the investment cost.”
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Stohy, Alyaa. Egypt Daily News 27 March 2021.