Actis sells BTE Renewables to Engie and Meridiam for $1bn

Actis sells BTE Renewables to Engie and Meridiam for $1bn

London-based private equity firm Actis is to sell its 100% stake in the African green energy platform BTE Renewables to the utility company Engie and investment firm Meridiam for an enterprise value of $1bn. On completion, Paris-based Engie will acquire BTE’s South...