Catalyst exits four utility-scale solar projects

Catalyst Investment Management has announced the sale of 90% of the Catalyst MENA Clean Energy Fund portfolio.

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Catalyst Investment Management has announced the sale of 90% of the Catalyst MENA Clean Energy Fund (CMCF) portfolio. The sale of four utility-scale solar PV projects located in Jordan and Egypt were sold as a portfolio to an international strategic buyer, resulting in top quartile returns.

Catalyst’s investors are primarily EU governments. The firm’s work in the MENA region has special strategic significance for Europe, in that it directly impacts energy availability to Europe and also creates jobs, including for refugees thus reducing migration to neighbouring European countries.

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