Category: Press Releases

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BPA Komani Appoints The Former Managing Director Of Blackstone Group Japan As A Board Member And To Advise On Africa Clean Energy Fund

London, United Kingdom – September 2024. This announcement highlights the strategic appointment of Keiko Sydenham to the board of BPA KOMANI Ltd and its Africa Clean Energy Fund. With her extensive experience in managing large capital funds across the US and Asia, especially in alternative investments such as private equity, infrastructure, and real estate, Sydenham brings valuable insights and expertise.

Her prior roles at JP Morgan and Blackstone Group Japan emphasize her capacity to handle complex institutional relationships and investment strategies. Her appointment aligns with BPA KOMANI’s goal to enhance its $500M Africa Clean Energy Fund, is a key initiative to support the growth of clean energy solutions across Africa. O. Paul Andrew, Executive Chairman of BPA KOMANI, expressed confidence in Sydenham’s contribution to achieving the fund’s objectives and reinforcing Africa’s clean energy sector.

Keiko Sydenham’s educational background, including her studies at Johns Hopkins University, adds further depth to her qualifications in
international economics and investment strategy.

 

 

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Genesis Energy and BPA Komani Announce Strategic Partnership to Accelerate Clean Energy in Africa

Genesis Energy and Power Limited (GENESIS), an energy infrastructure developer, and BPA Komani Ltd (KOMANI), a premier Africa-focused clean energy company, are proud to announce a strategic collaboration to drive transformational change in Africa’s clean energy landscape. The partnership, formally signed at the Africa Energy Development Fund (AEDF) Africa Energy Summit in London, will mobilize capital and facilitate critical infrastructure projects focused on renewable energy, particularly large-scale Battery Energy Storage Systems (BESS) across Africa.

The agreement will see both companies leverage their expertise in clean energy project development, investment strategy, and capital mobilisation to support Africa’s transition to a sustainable and resilient energy future.

KOMANI will utilize its Africa Clean Energy Fund to attract investment, while GENESIS brings its experience in developing independent power plants and renewable energy solutions. “Partnering with KOMANI represents a significant milestone in our commitment to advancing clean energy across Africa,” said Akinwole Omoboriowo II, Chairman and CEO of Genesis Energy. “This collaboration will enable us to deliver cutting-edge solutions such as Battery Energy Storage Systems, which are essential for scaling renewable energy. Together, we will make a tangible impact on Africa’s energy sector, fostering economic growth and sustainability.”

Speaking on behalf of BPA Komani, Paul Andrew, Executive Chairman, noted, “This partnership with GENESIS is a crucial step toward realizing our goal of deploying $200 million in assets through the Africa Clean Energy Fund. Together, we will scale Battery Energy Storage Systems across the continent, providing a much-needed backbone for Africa’s renewable energy infrastructure.” This strategic partnership follows GENESIS’s recent $10 billion Memorandum of Understanding with USAID to deploy energy infrastructure projects across Africa. The two companies will focus on implementing serial Battery Energy Storage Solutions across Africa through the agreement.

Genesis Energy is a UK-based energy infrastructure developer committed to delivering clean and renewable energy solutions across Africa. At the same time, BPA Komani Ltd is an Africa-focused clean energy company with $200 million in assets under management.

 

 

 

Genesis Energy Group

About GENESIS ENERGY

Genesis Energy is a UK-based energy infrastructure developer, committed to delivering clean and renewable energy solutions across Africa. With a strong track record in independent power plant development, Genesis Energy is dedicated to driving sustainable, climate-positive
impacts through its innovative projects.

 

 

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