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Southern Africa

South Africa's Red Rocket Gets US$160 Million Capital Injection

The company hopes to have 3GW of assets by 2027.


By Sneha Abraham
Cape Town-headquartered independent power producer (IPP) Red Rocket has received a capital injection of US$160 million as it seeks to scale up its business to reach 3GW of assets under construction or operation over the next three to four years. The capital injection comes from management shareholders vehicle, Bill Kilgore Investments

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