- Sanari Capital has invested R87 million in Energenic Holdings.
- The strategic investment is set to expand Energenic’s offerings, which currently support essential sectors like telecommunications, tourism, and commerce with reliable and cost-effective energy solutions.
Energenic Holdings was founded by James van Wyk over 25 years ago. Van Wyk established the company with a focus on providing energy solutions, particularly diesel generators, to address the energy needs of businesses and industries across Africa. Over the years, the company has expanded its offerings to include hybrid and alternative energy solutions to meet the growing demand for reliable and sustainable power in underserved regions.
Sihle Gumede, Partner at Sanari Capital and leader of this investment, expressed enthusiasm about the partnership. “We are thrilled to partner with the management team at Energenic as we embark on an exciting journey to expand and scale the business across the African continent. For decades, Energenic has been pioneering energy solutions within the diesel generator space,” Gumede stated. “Now, the spirit of innovation, combined with over 20 years of expertise, is driving our focus and investment into the broader alternative energy space. The demand for hybrid solutions that provide energy security and tailored usage management for businesses is highly relevant in our environment, where concerns extend beyond grid availability to include affordability, environmental sustainability, and efficiency.”
James van Wyk, founder and CEO of Energenic, shared his thoughts on the new partnership. “Having seen Energenic and Generator Logic, our principal brand, through several transformations over the past 25 years, I am pleased to welcome Sanari Capital as partners to our current owner-manager shareholder base,” he commented. “We have been on a journey to find an investor that understands our vision and is willing to help us strategically grow and move forward in this changing time. As a team, we are excited to partner with Sanari Capital, a private equity firm with a track record of growing companies in the emerging technologically driven world.”
Energenic’s workforce, from engineers on remote sites to technicians and manufacturing teams, is fully aligned with this new phase of growth, eager to increase the availability of sustainable energy across the continent.
Author: Bryan Groenendaal
