TITLE

Dentons helps raise cash for African power projects

AUTHOR(S)
Taylor, Margaret
PUB. DATE
March 2009
SOURCE
Lawyer;3/23/2009, Vol. 23 Issue 12, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the recommendation of the law firm Denton Wilde Sapte to raise private equity fund for power projects in Africa. It mentions that it stimulated the set up of the African Energy Infrastructure fund as a joint venture between investment bank Fieldstone Co. and asset management Prescient Investment Management. It adds that it aims to raise $500 million and strengthen local capital markets by investing in companies that will provide long-term returns for their shareholders.
ACCESSION #
37599556

 

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