Exergy and Mercuria secure US$250 million financing deal for African power infrastructure

Exergy, an Africa-focused energy investor, and global commodities group Mercuria formalized a US$250 million financing agreement in Lusaka, Zambia. The transaction represents one of the largest private capital commitments to Zambia’s power sector to date and marks Mercuria’s strategic entry into the regional electricity market. Capital Allocation and Project Scope Subject to regulatory approvals, the capital will fund extensive generation and transmission infrastructure across Southern and Easte