AFRICAN ENERGY: Access Infra Africa - Developing Africa's Power Projects!
January 14, 2015 - AFRICA - The Access Infra Africa project, created by Access Power MEA and EREN, seeks to assist in the development of power projects across Africa.
“Access Infra Africa perfectly illustrates EREN’s strategy of developing renewable projects in areas of the world where renewable energy represents a competitive answer to growing local energy needs, such as Africa."
“We are thrilled to bring our global expertise in the field of renewable energy to Access’ world-class team and strong regional presence,” said David Corchia, CEO of EREN Développement.
Under the agreement, EREN will acquire a strategic equity stake in Access and a seat on the board.
Reda El Chaar, Chairman of Access expressed his delight in partnering with EREN in to create sustainable an affordable power across the continent.
“Africa’s energy sector and wider economy could be transformed by the billions of dollars of financing available for Africa.
However, this funding cannot have an impact without well-resourced and experienced developers willing to take early-stage project risk and turn good concepts into bankable projects,” said El Chaar.
The Access Infra Africa consortium has been prequalified by Egypt’s Ministry of Electricity to develop large scale wind and solar power plants as part of the first round of the country’s renewable energy procurement program. - CNBC Africa.

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