Advertisement
UK markets close in 6 hours 30 minutes

  • FTSE 100

    8,096.43
    +56.05 (+0.70%)
     

  • FTSE 250

    19,719.94
    +0.57 (+0.00%)
     

  • AIM

    755.12
    +0.43 (+0.06%)
     

  • GBP/EUR

    1.1674
    +0.0029 (+0.25%)
     

  • GBP/USD

    1.2520
    +0.0058 (+0.46%)
     

  • Bitcoin GBP

    51,051.16
    -2,089.40 (-3.93%)
     

  • CMC Crypto 200

    1,359.56
    -23.01 (-1.66%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    83.01
    +0.20 (+0.24%)
     

  • GOLD FUTURES

    2,337.80
    -0.60 (-0.03%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    18,003.27
    -85.43 (-0.47%)
     

  • CAC 40

    8,062.95
    -28.91 (-0.36%)
     
Property:

How to sell your home

Top tips from property investors

Enel teams up with Qatar's QIA on green energy projects in Sub-Saharan Africa

Reuters
Updated ·1-min read

MILAN (Reuters) - Italian utility Enel has agreed with the Qatar Investment Authority to set up a joint venture to finance, build and operate renewable energy projects in Sub-Saharan Africa.

Under the deal the Qatari sovereign fund will buy 50% of Enel Green Power's stake in projects in operation and under construction in South Africa and Zambia amounting to around 800 megawatts of capacity.

"We will work together to accelerate the creation of an extensive green energy footprint in Sub-Saharan Africa," Enel CEO Francesco Starace said.

WATCH: Will Interest rates stay low forever?

(Reporting by Stephen Jewkes, editing by Giulia Segreti)