Centum Investment Company has bought out a UK renewable energy fund from Akiira Geothermal Limited, doubling its stake to 75 per cent, as it holds talks with potential investors to build a green power plant.
Centum chief executive James Mworia said the firm had acquired the entire 37.5 per cent stake in the DI Frontier Market & Carbon Fund last month, adding to a similar-sized stake it already held in Akiira.