Private equity firm Global Environment Fund has completed an investment of USD46.3m in Greenko, which is based in Hyderabad, India. Greenko is one of India’s largest independent power producers focused exclusively on renewable energy generation through the development, acquisition, construction, and operation of run-of-river hydro and biomass-fired plants. GEF is

Dubai-based private equity firm Abraaj Capital Group has agreed to acquire Amman-based Riyada Ventures as part of a major push by Abraaj into the small and medium enterprise space. Riyada Ventures, whose track record encompasses more than 25 regional and international venture capital transactions, also operates an office in Cairo.

Gozour, Citadel Capital’s multi-category consumer foods platform, has announced that its confectionary brand subsidiary, Rashidi El-Mizan, has just finalised a deal to acquire 75 per cent of Al-Musharraf, one of Sudan’s largest producers of halawa, biscuits and flour, for an enterprise value of USD19m. The acquisition will give Gozour exposure

CAES Development, a portfolio company of Haddington Venture’s managed funds, has sold to the rights to the Norton Energy Storage Project, a compressed air energy storage facility under development in Norton, Ohio, to FirstEnergy Generation. "We are very pleased to have reached an agreement with FirstEnergy for their acquisition of

Brynwood Partners VI has completed its first investment by acquiring Balance Bar from Kraft Foods. Terms of the transaction were not disclosed. Balance Bar competes in the nutrition and energy bar segment. Brynwood Partners has an investment track record in the food industry having managed prior investments in Lincoln Snacks,

Citadel Capital, a private equity firm in the Middle East and Africa, is to list its shares on the Egyptian Exchange. The listing will not include the offering of new equity in the firm at this time.   “We are about to enter what we believe will prove to be

Slate Capital, a private equity firm based in Baltimore, Maryland, and New Markets Venture Partners, a venture capital firm based in College Park, Maryland, have acquired ecoast Sales Solutions. eCoast, based in Rochester, New Hampshire, is an outsourced sales and channel marketing agency that executes customised programmes for the high-technology

Dubai-based Abraaj Capital, the parent entity for the Abraaj Group and its associated funds, has completed a USD375m capital increase to existing shareholders. The rights issue, which increases the company’s paid-in capital to USD1.5bn, was fully subscribed. Use of the proceeds will include seeding new funds to take advantage of

Aureos Capital, a private equity fund management company focused on Africa, Asia and Latin America, is launching the USD250m Aureos South-East Asia Fund II. The fund will be the largest pan South-East Asian fund to exclusively target small to mid-cap businesses.   It will invest across the South-East Asian region