By Sanna Camara

Communication & Renewable Energy Infrastructure (CREI), the energy division of Ieng Group, has secured $40 million in bridge financing to expand renewable energy systems for telecom towers in Mali.

This financing is part of a larger $59 million investment by CREI and its financial partners to modernize Mali’s telecom energy systems.

The project focuses on hybrid renewable energy solutions combined with battery storage, aimed at boosting the reliability and sustainability of telecom services, especially in remote areas.

Read more on https://empowerafrica.com/crei-secures-40-million-for-renewable-energy-project-in-mali/