Inuka Partners

RGREEN INVEST, ECHOSYS INVEST Secure EUR 100M for African Solar Investment Fund 🌍 🌍 Rgreen Invest and Echosys Invest have successfully completed the final closing of their Afrigreen Debt Impact Fund, securing €100 million ($104.8 million) in total commitments. ⚡ The fund has received backing from major institutions, including the European Investment Bank (EIB), IFC - International Finance Corporation, FMO Investment Management, France’s Proparco, Societe Generale, BIO INVEST, and BNP Paribas. 🔋 Focused on Africa’s renewable energy sector, the fund targets commercial and industrial (C&I) solar projects and small utility-scale solar investments. It aims to support 15-20 projects and portfolios, with six transactions already completed across Nigeria, Morocco, and Botswana. 💬 Olivier Leruste, CEO of Echosys Invest, highlighted, "Afrigreen Debt Impact Fund’s investments have put a highlight on the significant pipeline of utility-scale projects under 30 MW that are ready to connect to national grids without requiring major transmission upgrades." ☀️ With this milestone, Afrigreen is set to drive further investment into Africa’s green energy transition, providing critical financing for sustainable power solutions across the continent. Congratulations to Olivier Leruste, Mathilde Ketoff! #RenewableEnergy #GreenFinance #SolarEnergy #Africa #EnergyTransition #SustainableInvestment

Gurīn Energy Completes First Solar Project in the Philippines & Launches Education Initiative 🇵🇭 ☀️ Singapore-based Gurīn Energy has completed its first operational project in the Philippines—the 75 MW Palauig Solar Power Plant. Spanning 80 hectares, the facility is equipped with 136,363 advanced solar panels and will offset 53,100 metric tons of carbon emissions annually, equivalent to removing 11,500 gasoline-powered vehicles from the roads. ⚡ The plant, owned by Shizen Inc., a wholly owned subsidiary of Gurīn Energy, was financed by UnionBank of the Philippines with support from AboitizPower and Radio Veritas. To distribute its renewable energy output efficiently, Gurīn Energy has partnered with AboitizPower’s retail electricity units, Adventenergy Inc. and Adventpower Inc., ensuring a stable supply of clean power for commercial and industrial consumers. 💬 Bob Driscoll, Chief Operating Officer of Gurīn Energy, stated, "The completion of the Palauig Solar Power Plant marks a milestone in our mission to transition Asia toward 100% renewable energy. We deeply appreciate the unwavering support from the communities in Palauig and extend our gratitude to our financial and operational partners who helped bring this project to life." 📚 Educational Initiative: Gurīn Energy has launched the Cari Leviste Azores Visit Solar Education Programme, an initiative offering immersive field experiences for public school students at the Palauig solar farm. The program, set to welcome visitors in October 2025, aims to educate students on renewable energy and its impact, enhance science education through real-world applications, and inspire the next generation to pursue careers in clean energy. The initiative honors Cari Leviste Azores, who played a pivotal role in the development of the solar project. 🌱 With the Palauig Solar Power Plant now operational and its education initiative underway, Gurīn Energy reinforces its commitment to advancing the Philippines' renewable energy goals while shaping the next generation of sustainability leaders. Congratulations to Bob Driscoll, Ping Mendoza! #RenewableEnergy #SolarPower #Sustainability #Philippines #CleanEnergy #Education #EnergyTransition

Exciting Opportunity for a Director of Regional Government Relations Based in Dubai! 📣 Our client is seeking a Director of Regional Government Relations to lead engagement with key stakeholders and provide strategic support across the Middle East and North Africa. This role offers the opportunity to shape policy, build high-level relationships, and drive impactful initiatives in the energy and mining sectors. Requirements: ✔ Significant experience in government relations within the energy and/or mining sector, or a background in government and policy formulation. ✔ Strong track record of building and managing relationships with government officials and senior business leaders across MENA. ✔ Deep understanding of regional regulatory environments and political landscapes. ✔ Bachelor’s degree in Law, International Relations, Politics, or a related field. ✔ Fluency in Arabic and a strong awareness of local cultures and values. This is a high-impact role for a leader looking to make a difference in MENA’s evolving business landscape. Reach out to Heinz Schoeman-Struwig from our Inuka team for more details! #GovernmentRelations #PublicAffairs #MENA #EnergySector #Mining #Dubai #Policy #JobOpportunity

African Infrastructure Investment Managers (AIIM) Strengthens Energy Transition Focus with Key Appointments for ATAF 1 🌍 🌍 African Infrastructure Investment Managers (AIIM) has announced two key appointments to lead its African Transition Acceleration Fund (ATAF 1) – Lisa Pinsley as Fund Head and Zoë P. as Investment Manager. Lisa also joins the AIIM Executive Committee. 💡 ATAF 1 is AIIM’s latest pan-African investment fund aimed at accelerating Africa’s energy transition. It will focus on investments in clean electrons, clean molecules, and sustainable transport, addressing the region’s energy transition finance gap. 💬 Sola Lawson, AIIM's Managing Director and Co-CEO, stated, "We are thrilled to welcome both Lisa and Zoë to the AIIM team as part of our new Energy Transition strategy. With their extensive industry networks and vast experience gained from working with global leaders in the energy and infrastructure sectors, they bring invaluable insights and connections that will greatly benefit the Fund. Their addition will not only enhance our ability to drive sustainable energy growth on the continent but also strengthen the broader AIIM platform by fostering collaboration and innovation across our investment portfolio." 🔹 Lisa Pinsley has over 25 years of experience in emerging markets, with 16 years in energy and infrastructure investments across Africa and the Middle East. 🔹 Zoë Pierre brings expertise in structuring and executing energy and infrastructure investments, with over a decade of experience across developed and emerging markets. Congratulations to Lisa Pinsley and Zoë P.! #EnergyTransition #AIIM #Infrastructure #SustainableInvestment #Africa #CleanEnergy #Sustainability #RenewableEnergy #Investment

Lightsource bp Enters Japan with 15 MW Solar Project in Hokkaido 🇯🇵 🌏 Lightsource bp has expanded into Japan with the acquisition of a 15-megawatt peak (MWp) solar project in Hokkaido, marking a significant step in its Asia Pacific growth strategy. With this move, the company is now present in 20 global markets, including Australia, New Zealand, Taiwan, and South Korea. 💡 Lightsource bp has a global solar development pipeline exceeding 58 gigawatts (GW), with nearly 8 GW in Asia Pacific. 💬 Adam Pegg, Chief Operating Officer for APAC at Lightsource bp, stated, “By combining our international experience with local partnerships, we aim to support Japan’s renewable energy goals while building a strong and sustainable pipeline of renewable energy projects." Congratulations to Adam Pegg! 🦅 At Inuka, we connect talent with opportunities driving the renewable energy revolution. Reach out to explore our active roles! #SolarEnergy #Renewables #Japan #Lightsourcebp #AsiaPacific #Sustainability #GreenEnergy #Hokkaido #SolarPower

Bluewater to Sell Apex International Energy to United Energy Group 🌍 💼 Bluewater, a private equity firm specialising in the energy sector, has signed a purchase agreement to sell Apex International Energy, an independent oil and gas exploration and production company in Egypt. Apex will be acquired by a subsidiary of United Energy Group, a Hong Kong-headquartered, publicly listed energy company with assets across the Middle East, North Africa, South Asia, and Europe. The transaction is subject to governmental approvals and customary conditions precedent. 📈 Bluewater first invested in Apex in 2018, and over the past six years, Apex has expanded significantly. In January 2021, it discovered oil in the Southeast Meleiha concession, with production starting in August. Two years later, in January 2023, it acquired six Western Desert concessions from Italy’s Eni, with natural gas production launching in September 2023. In 2024, Apex’s working interest production averaged over 11,000 barrels of oil equivalent per day, marking a 10% year-over-year increase and positioning it among the top 10 producers in Egypt. 💬 Salil Oberoi, Partner at Bluewater, stated, “We would like to congratulate Roger Plank, Thomas Maher and the rest of the management team who have been instrumental in the growth of Apex and turned it into a significant player in the Egyptian oil and gas sector. We wish them and the Apex business well for the future.” Congratulations to Salil Oberoi, Roger Plank, Thomas Maher, Kevin Hou, CESGA! #Egypt #EnergySector #PrivateEquity #ApexEnergy #Bluewater #UnitedEnergy #Investment #MENA

Suzlon Group Secures 201.6 MW Wind Turbine Order from Oyster Renewable Energy Pvt Ltd (Formerly known as ABEnergia Renewables) ) 🇮🇳 ⚡ Suzlon Energy Ltd has received a contract to deliver and install 201.6 MW of wind turbines for Oyster Renewable Energy Pvt Ltd in Madhya Pradesh, India. The project will feature 64 S144 wind turbine generators (WTGs) with Hybrid Lattice Towers (HLT), each with a 3.15 MW capacity. 🌱 This marks Oyster Renewable’s second order with Suzlon, following an 81.9 MW project awarded last year to its subsidiary, Oyster Green Hybrid One. 📈 With this latest deal, Suzlon’s order book has reached a record 5.7 GW, reinforcing its position in India's renewable energy sector. Congratulations to Jayarama Prasad Chalasani and Siddharth Bhatia! 🦅 At Inuka, we connect talent with opportunities driving the renewable energy revolution. Reach out to explore our active roles! #WindEnergy #RenewableEnergy #India #Suzlon #OysterRenewable #CleanPower #Sustainability

Synhelion to Develop $1B Solar Fuel Project in Morocco 🇲🇦 ⚡ Swiss Sun-to-Liquid technology developer Synhelion is planning a $1 billion project in Morocco to produce sustainable synthetic fuel using solar energy. The facility is expected to have a production capacity of nearly 100,000 tonnes, according to a company spokesperson. 📍 Morocco was chosen for its exceptional solar resources, raw material availability, and strong industrial sector, as highlighted by CEO and co-founder Gianluca Ambrosetti in an interview with Asharq. The project will be financed through a combination of bank financing, a share sale, and possibly government funding. 🌍 Synhelion, a spin-off from ETH Zurich, uses solar heat to produce synthetic fuels that are compatible with existing internal combustion and jet engines. The company’s first industrial-scale solar fuel plant in Jülich, Germany, began operations in 2024, with another Spanish facility set to start production in 2027. Congratulations to Gianluca Ambrosetti! #SolarEnergy #SustainableFuels #RenewableEnergy #Synhelion #Morocco #CleanTech #GreenInnovation

Eurus Energy Holdings Launches New O&M Service for Onshore Wind Parks in Japan 🇯🇵 ⚡ Eurus Energy Holdings Corp has launched operation and maintenance (O&M) services for onshore wind farms through its subsidiary, Eurus Technical Service Corp. The new service, which started on February 10, covers 24-hour manned monitoring, parts procurement, and advisory and consulting. 📢 Eurus highlights the growing shortage of maintenance personnel and supply chain challenges in Japan’s wind sector, emphasizing the need for sustainable O&M solutions. 🌏 As of January 2025, the company has supported the safe and stable operation of over 400 wind turbines across 37 wind farms, with a combined capacity of 1,070 MW nationwide. Congratulations to Tetsuya Suwabe! 🦅 At Inuka, we connect talent with opportunities driving the renewable energy revolution. Reach out to explore our active roles! #WindEnergy #RenewableEnergy #Japan #OnshoreWind #O&M #Sustainability #CleanEnergy

ACWA Power and aramco Partner on Renewable Energy and Battery Innovation 💡 ⚡ ACWA Power has signed two major agreements with Aramco to advance renewable energy projects and evaluate vanadium flow battery technology in Saudi Arabia. The announcements were made during ACWA Power’s third Innovation Days event. 🔆 The first agreement focuses on photovoltaic energy forecasting, using big data analytics and machine learning to enhance solar power generation predictions, optimize grid stability, and improve microgrid management. 🔋 The second agreement will test vanadium flow batteries under Saudi Arabia’s climate conditions to assess long-term energy storage capabilities, with a focus on renewable energy for water desalination. 🇸🇦 These initiatives align with Saudi Arabia’s clean energy strategy, supporting renewable energy, hydrogen technologies, and the Kingdom’s role in the global energy transition. 🗣️ "By investing in cutting-edge desalination technologies alongside renewable energy innovation and green hydrogen production solutions, we are paving the way for a more resilient and sustainable energy and water infrastructure in Saudi Arabia." – Thomas Altmann, EVP for Innovation & New Technology, ACWA Power. 🤝 In addition to Aramco, ACWA Power signed four more agreements with Bluewater Bio, Dow, Hysata, and KAUST (King Abdullah University of Science and Technology), focusing on desalination, green hydrogen, and solar energy. 💧 The Bluewater Bio partnership will test advanced desalination filtration technology, while Dow will explore anti-scaling chemicals for ACWA Power’s desalination pilot facility. 🟢 A pilot agreement with Hysata aims to advance cost-effective green hydrogen production, demonstrating high-efficiency electrolyzer technology in Saudi Arabia. 🏛️ ACWA Power and KAUST have extended their master research agreement, strengthening their partnership in sustainable desalination and solar energy solutions. 🔬 ACWA Power also signed a strategic framework agreement with Fraunhofer IMWS, Fraunhofer ISC, and Fraunhofer IWES to drive clean energy R&D, further solidifying Saudi Arabia’s leadership in renewable energy and green hydrogen innovation. 🏙️ The announcements were made at Innovation Days (Feb 3-5) in Riyadh, under the patronage of the Ministry of Energy, gathering 1,000+ delegates, industry leaders, and researchers to advance Vision 2030’s sustainable energy goals. Congratulations to Marco ARCELLI and Thomas Altmann! 🦅 At Inuka, we connect talent with opportunities driving the renewable energy revolution. Reach out to explore our active roles! #RenewableEnergy #GreenHydrogen #EnergyTransition #SolarPower #Desalination #SaudiArabia #Innovation #Sustainability #ACWAPower