Technology2 sources
PIDG to Invest $1B Annually in Green Energy in Africa and Asia
- Private Infrastructure Development Group (PIDG) plans to invest $1 billion annually in green energy.
- Investments will target Africa and Asia until 2030.
- PIDG operates in 24 sub-Saharan African countries and several Asian nations.
- CEO Philippe Valahu announced the plan in an interview with Bloomberg.
- The investment aims to increase allocation to renewable energy facilities.