SoftBank Group led $75m funding round in AMEA Power.

SoftBank Group, a renewable energy developer in Africa, led a $75m funding round in AMEA Power, a Japanese investment holding company. “We are proud to welcome SBG as a new investor in AMEA Power and to reach this significant milestone with a cornerstone investor in the global energy transition. The funds raised will enable us to accelerate our strategic ambitions, materialise further projects in the power, water and green hydrogen sectors, and to continue to further expand our presence in target markets. AMEA Power is rapidly expanding and perfectly positioned to lead and accelerate the global race to net zero,” Hussain Al Nowais, AMEA Power Chairman.