Camana Bay, Cayman Islands, December 24, 2024. Infinitum Energy (“Infinitum“, or the “Company“), a leading climate infrastructure and clean energy development company, is pleased to announce the appointment of Koome Gikunda to the Company’s Board of Directors, effective December 20, 2024.
Mr. Gikunda has been in the private equity sector for more than 22 years, joining Actis in 2007. Initially based in London before moving to Johannesburg and then to Nairobi, where he originated and managed Actis’ East African real estate investments. Prior to joining Actis, Mr. Gikunda was an investment banker with JP Morgan in New York.
He graduated from Stanford University with a degree in Management Science and Engineering where he was a Ford Foundation Scholar. He has an MBA with Distinction from Oxford University where he was awarded the Wafic Said Scholarship.
He also sits on the Board of the East Africa Private Equity & Venture Capital Association (“EAVCA”) and Aiglon College.
Lindsay Nagle, Infinitum’s CEO, commented: “We are elated to announce that Mr. Gikunda will be joining our Board of Directors. His background in the private equity markets will be of tremendous value and I look forward to his guidance in our growth plans going into 2025.”
About Infinitum Energy
Infinitum is a climate infrastructure company specializing in the development of clean energy projects within emerging markets. The Company’s core focuses are high-impact solar, wind, and innovative waste-to-energy projects. Through strategic partnerships with leading financial institutions, the team has executed on 42 clean energy projects spanning 13 countries to date, with investments amounting to over $12 billion. Infinitum’s current development stage projects are located in Sierra Leone and Sri Lanka; with teams actively developing additional projects in Mongolia, Uganda, and Turkey; totalling more than $2.5 billion of expected capital expenditures.
For further information on the Company, please visit https://www.infinitumenergygroup.com
ON BEHALF OF THE BOARD
“Lindsay Nagle”
Director & CEO
For more information contact:
Jeremy Wright, Director & CFO
+1 (604) 837-7990
[email protected]
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This news release may contain forward-looking statements and information concerning the Company; and includes its wholly owned subsidiaries.
The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the success of new project development, the continued ability to access capital through equity offerings to support the Company’s ongoing operations, and other factors that affect demand for the Company’s products.
Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the Company’s actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to a Company project successfully completing a financial close, being able to generate carbon credits, expenditures and other factors that affect demand for the Company’s products, industry competition, uncertainties as to the Company’s ability to implement its business strategy effectively on a global basis, labour, equipment and material costs, access to capital markets, interest and currency exchange rates, technological developments, political and economic conditions and the Company’s ability to attract and retain key personnel.
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