African Infrastructure Investment Managers (AIIM) has acquired a minority stake in the Amandi power plant in Ghana from Rontom Trust, a vehicle affiliated with the project founders. The dual-fuel combined cycle power plant achieved financial close in December 2016 and is currently under construction. The project is also owned by Endeavor Energy and Aldwych—which are in turn backed by energy and infrastructure-focused private equity firms Denham Capital and Harith General Partners, respectively—as well as Amandi’s founders, the Harith-managed Pan African Infrastructure Development Fund 2 and ARM-Harith Infrastructure Fund. AIIM invested through African Infrastructure Investment Fund 3 (AIIF3). Financial details of the transaction were not disclosed.