- SolarAfrica Energy and Starsight Energy have completed their merger forming a leading pan-African clean energy service provider to commercial and industrial customers.
- Helios Investment Partners and African Infrastructure Investment Managers have backed the merger.
Customers across Africa can access fully serviced clean energy solutions through the merged group. This includes solar energy, battery storage, wheeling and energy management.
The merged group consists of an installed and contracted portfolio of 520 MW in solar power generation, 60 MWh of battery storage and an additional energy pipeline exceeding 2 GW.
In addition to key markets Ghana, Kenya, Namibia, Nigeria and South Africa, the group is working on imminent expansion into Tanzania and Uganda.
“We are excited about making a meaningful contribution to power supply on the continent through our on- and off-site solutions,” said Charl Alheit, Group Chief Investment Officer.
“This will help take pressure off national grids which have been under significant strain in many of the core African markets,” Alheit said.
Author: Bryan Groenendaal
