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Announced

Emerging Capital Partners, A.P. Moller Capital, DEG and IFU to invest in Eranove.

Synopsis

Emerging Capital Partners, a private equity firm, A.P. Moller Capital, a fund management company, DEG, a German Development Finance Institution, and IFU, the Investment Fund for Developing Countries, to invest in Eranove, a company active in the management of public services. Financial terms are not disclosed. "This strategic partnership constitutes a key focus for ECP, which has established its position as a long-term investor in the water and electricity sectors on the continent. It is also a growth lever to finance the long-term development of the Eranove Group continuing and further expanding Eranove’s strong focus on sustainable and responsible development,” Vincent le Guennou, Co-CEO of ECP.

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