A.P. Møller Capital and pension funds chase first acquisition in Africa

For a longer period, it appeared that A.P. Møller Capital and several Danish pension funds would acquire their first African energy company, but the plan flopped. Maersk's fund is now assessing a series of other projects.

Photo: /ritzau/Jens Dresling

The Maersk-led Africa Infrastructure Fund – managed by A.P. Møller Capital and in which a series of Danish pension funds injected capital since its inception in August 2017 – will need to look further for its first investment on the continent.

The plan to buy the listed Zambian utility Copperbelt Energy Corporation along with UK-state owned development finance institution CDC Group had to be terminated due to a string of unfulfilled criteria.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs