Convergence Partners Energy Finance agrees $20M investment to support Anzana Electric Group's African hydropower acquisition pipeline
Type: Investment · Technology: Hydro · Country: Angola · Value: $20M · Announced: 2026-06-22
Convergence Partners Energy Finance agreed to provide a $20 million structured capital investment to Anzana Electric Group. The funding will support Anzana’s acquisition pipeline and development of brownfield hydropower assets across its African platform, including projects in the Lobito Corridor. The capital will be weighted toward operating and brownfield assets in Anzana’s core markets, aiming to bridge the platform to its next growth phase and a larger capital raise. The deal underscores CPEF’s focus on expanding financing for renewable energy infrastructure in Africa and strengthens Anzana’s position in the continent’s hydropower sector. The transaction remains subject to due diligence, definitive documentation and the parties’ approvals.
Counterparties
- Convergence Partners Energy Finance (Investor)
- Anzana Electric Group (Borrower)