- Puma Energy has announced it has acquired a 49 percent stake in MBHE Group, (PTY) LTD a company that provides renewable energy solutions to customers across southern Africa and owns its own high-quality renewable energy assets across the continent.
The transaction aligns with Puma Energy’s purpose of energising communities and helping industrial and commercial customers prepare for the future of energy and decarbonise their operations with fully integrated renewable energy solutions.
MBHE is an industry leader in the design, supply, installation and operation of solar PV systems and battery technology catering for numerous sectors including retail centres, manufacturing, hospitals, heavy industry and mining. The partnership with Puma Energy will drive expansion by providing access to new customers and unlocking financial facilities to fully develop its pipeline of projects.
Key growth opportunities across southern Africa include the installation of solar PV, Battery Energy Storage solutions and off-grid solar PV plants. The partnership will also create more opportunity for MBHE to secure power purchase agreements to develop projects and benefit from long term Power Purchase Agreements.
Author: Bryan Groenendaal