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Engie: acquires Mobisol in Africa

(CercleFinance.com) - Engie announces the acquisition of Mobisol, thereby becoming the market leader in off-grid solar energy in Africa.


Mobisol is present in Tanzania, Rwanda and Kenya and has deployed over 150,000 domestic solar installations, providing power to more than 750,000 people in sub-Saharan Africa.

Engie will offer domestic solar installations in another 3 countries, in addition to the 6 countries in which the group is already present through its solar domestic installations subsidiary, Fenix International.

Isabelle Kocher, Engie's CEO, said, "With ENGIE Power Corner, Fenix, and now Mobisol, we will pave the way for a new generation of affordable energy services, in line with our strategy focused on the acceleration of the zero-carbon transition."


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