Partner at Grene Capital, Tolu Sokenu. Photo: Grene Capital
Grene Capital, an Africa-focused real assets manager, has completed a major solar expansion at Jabi Lake Mall in Abuja, increasing the mall’s installed solar capacity from 600 kilowatt-peak to 1.5 megawatt-peak.
According to a statement, the latest expansion adds 900kWp of photovoltaic capacity to the mall’s existing solar installation. The project was delivered in partnership with Elektron Renewables, which served as the project developer.
The original 600kWp installation made Jabi Lake Mall Nigeria’s first solar-powered mall and one of the country’s earliest large-scale renewable energy projects in the retail sector.
Commenting on the development, Partner at Grene Capital, Tolu Sokenu, said the investment was aimed at improving the long-term performance of the asset.
