GenVision is a joint venture between Glencore, one of the world's largest energy and commodities businesses and Nvision a specialist in renewable energy projects development in emerging and frontier markets. GenVision combines development, engineering, financing, construction and operation of utility scale renewable energy, solar and wind, projects.
Equator Energy, founded in 2016 as a joint venture between Nvision and Maris Capital, has grown to become the largest operator of commercial and industrial solar power plants in East Africa. In 2023, a consortium of IBL Group, Inspired Evolution and STOA acquired a majority stake, and FEI, managed by Cygnum Capital, invested $30 million, in one of the region's largest solar funding rounds.
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