AIIM secures 44% stake in Albatross Energy Mali

Equity investor African Infrastructure Investment Managers (AIIM) has acquired a 44% stake in Albatros Energy Mali, which is developing Mali’s first independent power project (IPP) to feed into the national grid. Albatros will start the 16-month construction – under a build, own, operate and transfer model – of a 90 MW thermal power station in Kayes, western Mali, in July.