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Home » News » Calvert International AG Acquires Emerging Energy Corporation, Targets Expansion in African Renewables Market
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Calvert International AG Acquires Emerging Energy Corporation, Targets Expansion in African Renewables Market

By Michael CarterApril 23, 20242 Mins Read
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Credit: Eswatini
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German investment holding company Calvert International AG (CIAG) unveiled a significant strategic move on Monday, announcing the acquisition of a 100% stake in compatriot Emerging Energy Corporation AG (EEC), a prominent investor specializing in the African renewables market. The transaction, characterized by a non-cash capital increase, saw CIAG issue 100,000 new shares to the shareholders

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