Gemcorp Capital completed the $150m investment in Milele Energy.

Gemcorp Capital, an emerging markets asset manager, completed the $150m investment in Milele Energy, a clean energy platform. “We are extremely excited to be making this investment in Milele Energy, whose mission to pursue investment to feed Africa’s growing demand for energy in a reliable and responsible manner aligns strongly with our own. The Lake Turkana Wind Project is a critical contributor to the portfolio of green energy capacity in Kenya and has provided up to 30% of electricity produced in 2022. We are delighted to be at the forefront of powering an economy which has immense potential for industrial development and growth that will provide opportunities for the country’s growing population,” Atanas Bostandjiev, Gemcorp Capital CEO.