Energy
Brookstone Partners’ Soluna in talks with investors for $160m solar project in Western Sahara

Brookstone Partners’ Soluna in talks with investors for $160m solar project in Western Sahara

Owned by the Brookstone Partners fund, which is at the centre of several legal battles in Morocco, the Soluna wind farm and server park project, located in Dakhla, is now entering its initial funding phase for $160m.

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            ▪ Brookstone Partners’ Soluna in talks with investors for $160m solar project in Western Sahara

▪ Owned by the Brookstone Partners fund, which is at the centre of several legal battles in Morocco, the Soluna wind farm and server park project, located in Dakhla, is now entering its initial funding phase for $160m.

http://www.jeuneafriquebusinessplus.com/en/806391/brookstone-partners-soluna-in-talks-with-three-investors-for-160m-towards-100-mw-in-western-sahara/

15/12/2020 at 20h25, by Jeune Afrique Business+, updated 16/12/2020

Plagued by a series of high-profile disputes in Morocco between the project’s various longstanding partners, the financial structuring of the self-producing wind farm for the Dakhla data centre in Western Sahara is finally on the cusp of action. Responsible for this gear shift is Brookstone Partners, a New York-based investment fund which holds the rights to the project, via American company Soluna, one of its majority holdings.  

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