A.P. Moller Capital to acquire a 40% stake in Cabeolica from Africa Finance Corporation.

A.P. Moller Capital, a private equity firm, agreed to acquire a 40% stake in Cabeolica, a wind energy producer, from Africa Finance Corporation, a private equity firm. Financial terms were not disclosed. “We are pleased to partner with AFC, Electra and the government of Cape Verde in Cabeolica to ensure the continued supply of reliable and cost-effective renewable energy in Cape Verde, and we aim to leverage this investment with future growth in the sector on the African continent,” Lars Reno Jakobsen, A.P. Moller Capital Senior Partner.