X
  • Renewable Power
  • Nuclear Power
  • Thermal Power
Power Gen Advancement
  • Home
  • News
    689 MW of Offshore Wind Projects

    689 MW of Offshore Wind Projects Awarded in South Korea

    Global Solar Installations

    Global Solar Installations Grew 64% More in 2025 First Half

    CHSN01 is a breakthrough

    The New Metal from China – The CHSN01 is a Breakthrough

    US Companies Advance Renewables

    US Companies Advance Renewables Inspite of Policy Setbacks

    Fusion Energy Projects in the UK

    Fusion Energy Projects in the UK Get Government Support

    26 MW offshore wind turbine

    China Installs Most Powerful 26 MW Offshore Wind Turbine

    Cross Border Renewable Energy Projects

    5 New Cross-Border Renewable Energy Projects Approved by EC

    UK Solar Capacity

    UK Solar Capacity Sets New Generation Record with Rollouts

    NextGen Triboelectric Nanogenerators TENGs

    China Develops Next-Gen Triboelectric Nanogenerators – TENGs

  • Market Moves
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Thermal Energy Storage Market

    Thermal Energy Storage Market Growth Driven by Clean Energy

    Offshore Wind Turbine Market

    Offshore Wind Turbine Market to Hit $39.2 Billion by 2031

    Gen AI Drone

    Gen AI & Drone Assets Transforming Energy & Utilities Sector

    Electricity Grid in UK

    How Electricity Grid in the UK is Witnessing Transformation

    UK Battery Storage

    The Evolving UK Battery Energy Storage Systems Market

    Hydrogen Fueling Station Market to Reach $2.88B by 2030

    Hydrogen Industry to Grow 10.4% CAGR, Hit $47.83B by 2034

    Hydrogen Fuel Cells Market to Reach $5.9 Billion by 2031

  • Press Statements
    Asian Agri PLN Signs Agreement

    Asian Agri, PLN Signs Agreement to Supply Renewable Energy in North Sumatra

    Delivery of Natural Gas Turbines

    Georgia Power Receives Delivery of Natural Gas Turbines

    Banpu Supercharges Clean Energy Portfolio

    Banpu Supercharges Clean Energy Portfolio with 350 MW Battery Project in Australia to Advance Decarbonization Goal

    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Energy Evolution Conference 2026

    Energy Evolution Conference 2026: Shaping the Future of Renewable Energy in Dubai

    Eaton-announces-breakthrough

    Eaton announces breakthrough, AI-powered innovation to help utilities strengthen wildfire prevention efforts

    First-Digital-Twin

    ETAP and Schneider Electric Unveil Worlds First Digital Twin to Simulate AI Factory Power Requirements from Grid to Chip Level Using NVIDIA Omniverse

    E-world 2025 has started with record participation

    Houston to host key hydrogen summit as industry faces new political landscape

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
  • Home
  • News
    689 MW of Offshore Wind Projects

    689 MW of Offshore Wind Projects Awarded in South Korea

    Global Solar Installations

    Global Solar Installations Grew 64% More in 2025 First Half

    CHSN01 is a breakthrough

    The New Metal from China – The CHSN01 is a Breakthrough

    US Companies Advance Renewables

    US Companies Advance Renewables Inspite of Policy Setbacks

    Fusion Energy Projects in the UK

    Fusion Energy Projects in the UK Get Government Support

    26 MW offshore wind turbine

    China Installs Most Powerful 26 MW Offshore Wind Turbine

    Cross Border Renewable Energy Projects

    5 New Cross-Border Renewable Energy Projects Approved by EC

    UK Solar Capacity

    UK Solar Capacity Sets New Generation Record with Rollouts

    NextGen Triboelectric Nanogenerators TENGs

    China Develops Next-Gen Triboelectric Nanogenerators – TENGs

  • Market Moves
    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Thermal Energy Storage Market

    Thermal Energy Storage Market Growth Driven by Clean Energy

    Offshore Wind Turbine Market

    Offshore Wind Turbine Market to Hit $39.2 Billion by 2031

    Gen AI Drone

    Gen AI & Drone Assets Transforming Energy & Utilities Sector

    Electricity Grid in UK

    How Electricity Grid in the UK is Witnessing Transformation

    UK Battery Storage

    The Evolving UK Battery Energy Storage Systems Market

    Hydrogen Fueling Station Market to Reach $2.88B by 2030

    Hydrogen Industry to Grow 10.4% CAGR, Hit $47.83B by 2034

    Hydrogen Fuel Cells Market to Reach $5.9 Billion by 2031

  • Press Statements
    Asian Agri PLN Signs Agreement

    Asian Agri, PLN Signs Agreement to Supply Renewable Energy in North Sumatra

    Delivery of Natural Gas Turbines

    Georgia Power Receives Delivery of Natural Gas Turbines

    Banpu Supercharges Clean Energy Portfolio

    Banpu Supercharges Clean Energy Portfolio with 350 MW Battery Project in Australia to Advance Decarbonization Goal

    EIA Data Reveal Renewables

    EIA Data Reveal Renewables Provided Almost a Third of U.S. Electrical Generation and Nearly Matched Natural Gas in March as Solar Outproduced Hydropower and Solar+Wind Were Greater than Either Coal or Nuclear

    Energy Evolution Conference 2026

    Energy Evolution Conference 2026: Shaping the Future of Renewable Energy in Dubai

    Eaton-announces-breakthrough

    Eaton announces breakthrough, AI-powered innovation to help utilities strengthen wildfire prevention efforts

    First-Digital-Twin

    ETAP and Schneider Electric Unveil Worlds First Digital Twin to Simulate AI Factory Power Requirements from Grid to Chip Level Using NVIDIA Omniverse

    E-world 2025 has started with record participation

    Houston to host key hydrogen summit as industry faces new political landscape

  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us
No Result
View All Result
Power Gen Advancement
No Result
View All Result
Home Asia Pacific

Amaya Capital expands its Azura power generation platform

in Asia Pacific, Hydro Power, Press Statements, Renewable Power

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Amaya Capital, the African-focused principal investment firm is pleased to announce over $300m of equity commitments in its power generation platform.

The new investment follows the acquisition by growth markets investor Actis of American Capital Energy & Infrastructure’s stake in Azura Power Holdings Limited (“Azura”). This transaction, and the consequent expansion of Azura’s capital base, now allows the business to scale up its pan-African power generation capacity to a target of over 3,000MW.

 

The World Bank estimates that as many as 600 million of Africa’s 1 billion people lack access to electricity. The Azura platform seeks to ameliorate this acute shortage of power on the African continent with a primary focus on gas-to-power assets in addition to the development of renewable projects within Nigeria.

The Azura platform is anchored on the Azura-Edo IPP, a 1,500MW power station complex located in Edo State, Nigeria which is being developed in three phases with the first (459MW) phase currently under construction. Azura’s Nigerian investments also include a controlling stake in the 125MWp, gridscale, “Nova Solar” project which is currently under development in Katsina State.

Outside of Nigeria, the entry of Actis into the Azura platform has triggered significant deal flow in other sub-Saharan countries and the business expects to grow its portfolio rapidly over the coming twelve months.

The two partners in the newly expanded Azura platform have a wealth of complementary experience.Amaya is a tightly focused principal investment firm that has focused on the West African gas to power market. It invests in a proactive manner using the capital, capabilities, and resources of its founders and associates. Actis, with c.$6 billion of assets under management, has also been active in the African market since the early 2000s but with a more geographically diverse footprint. It has invested close to $1 billion in energy projects across the region and the firm has frequently been recognised for its energy expertise – winning ‘African Infrastructure Fund Manager of the year’ for four consecutive years by
Infrastructure Investor.

Commenting on the investment Mikael Karlsson, Actis Energy fund head, said: “With rapidly growing populations and economies, increasing urbanisation and industrial and manufacturing growth, there is a compounding demand for the supply of electricity in Africa. The opportunity for private investment is vast, as local governments are becoming more supportive and international initiatives are underway, enabling the thousands of megawatts of generation capacity required in the region for sustainable economic development and job creation. We are excited to be collaborating with Amaya, who have impressed us with the track record of their team as well as their vision for delivery of power generation in Nigeria and across the continent.”

David Ladipo (co-founder of Azura) and Sundeep Bahanda (co-founder of Amaya Capital) said: “We are delighted to be joining forces with Actis. They possess a wealth of talent and experience; and bring access to substantial capital and proven credentials in building power generation platforms in emerging markets including Africa. Moreover, they share our values and strategic vision to build Africa’s leading IPP business and deliver power to many millions of people across the continent.”

Previous Post

GE and Atlas Renewable Energy Partner to Deliver More-Efficient Solar Farms in Brazil

Next Post

From Cypress Creek Renewables New Energy Solar to acquire 130MW portfolio of PV plants

Related Posts

689 MW of Offshore Wind Projects
Asia Pacific

689 MW of Offshore Wind Projects Awarded in South Korea

September 9, 2025
US Companies Advance Renewables
America

US Companies Advance Renewables Inspite of Policy Setbacks

September 8, 2025
Renewables in the US
Renewable Power

Renewables in the US Hold Major New Electricity Share

September 8, 2025
Cross Border Renewable Energy Projects
Europe

5 New Cross-Border Renewable Energy Projects Approved by EC

September 4, 2025
NextGen Triboelectric Nanogenerators TENGs
Asia Pacific

China Develops Next-Gen Triboelectric Nanogenerators – TENGs

September 4, 2025
breakthrough in artificial photosynthesis
News

Breakthrough in Artificial Photosynthesis for Clean Energy

September 3, 2025
Next Post

From Cypress Creek Renewables New Energy Solar to acquire 130MW portfolio of PV plants

LatestNews

689 MW of Offshore Wind Projects
Asia Pacific

689 MW of Offshore Wind Projects Awarded in South Korea

September 9, 2025
Global Solar Installations
News

Global Solar Installations Grew 64% More in 2025 First Half

September 9, 2025
CHSN01 is a breakthrough
News

The New Metal from China – The CHSN01 is a Breakthrough

September 8, 2025
US Companies Advance Renewables
America

US Companies Advance Renewables Inspite of Policy Setbacks

September 8, 2025
Fusion Energy Projects in the UK
News

Fusion Energy Projects in the UK Get Government Support

September 4, 2025
26 MW offshore wind turbine
News

China Installs Most Powerful 26 MW Offshore Wind Turbine

September 4, 2025
Power Gen Advancement

About Us

Power Generation Advancement is a leading information centric website providing latest up to date information and happenings within the industry. The website is sub divided into 3 sectors updating the latest news and developments about Power Generation industry through Renewable Energy, Nuclear Energy, Thermal Energy sources. Power Generation Advancement runs with an objective to provide a one stop knowledge driven content to our reader and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Our Services
  • Contact Us
  • Download Mediapack
  • Newsletter Archive

System

  • Search
  • Sitemap
  • RSS Feed

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Market Moves
  • Press Statements
  • White Papers
  • Projects
  • Events & Conferences
  • Contact Us

© 2017 Copyright © Valuemediaservices 2017 All rights reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In