Convalt Energy plans to invest $6.2 billion to build a hydroelectric project and data center in Africa

BlockBeats News, June 5th, according to Bloomberg, the U.S. company Convalt Energy has agreed to invest $6.2 billion to build a 1200-megawatt hydroelectric project and an artificial intelligence data center in the African country of Lesotho.

Lesotho government spokesperson Boitelo Rabele stated in a press release that this is the largest foreign investment project in the history of this southern African country. The project will help reduce Lesotho's reliance on energy imports and create a significant number of job opportunities.

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