Denham's $100M Buy-In Adds Fuel To PE Scramble For Africa

Law360, New York (June 18, 2013, 7:00 PM EDT) -- Private equity firm Denham Capital Management LP said Tuesday that it would spend $100 million to launch Endeavor Energy Holdings LLC, a company that will invest in thermal and hydroelectric projects in Africa, the latest private equity foray into Africa's energy resources.

The new company, the latest alternative energy foothold for Denham Capital in Africa, is considering projects with a total of 2,000 megawatts of generating capacity in Botswana, Cameroon, Ghana, Malawi, Mozambique, Nigeria, Sierra Leone, Tanzania and other countries, Boston-based Denham Capital said in a...
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