Gridworks to invest $50m in Virunga Power.

Gridworks Partners, a private equity firm, agreed to invest $50m in Virunga Power, an electric utility company. “I’m delighted to announce our investment in Virunga Power. Access to reliable, clean, affordable energy is a catalyst to a better life, but this is currently out of reach for people in the rural areas that Virunga Power wants to serve. We’re committed to making Virunga Power our platform to build hydro-powered rural utilities in at least four countries in Southern and Eastern Africa. Our capital will help them to close the energy access gap and unlock opportunities for people across the region," Simon Hodson, Gridworks CEO.