BB Energy targets Africa solar, storage markets with Solarce

BB Energy targets Africa solar, storage markets with Solarcentury Africa deal


BB Energy targets Africa solar, storage markets with Solarcentury Africa deal
The Changoi solar project, completed by Solarcentury Africa. Image: Solarcentury.
Independent energy trader BB Energy (BBE) has set its sights on Africa’s solar and storage market by acquiring Solarcentury’s Africa-facing division for an undisclosed sum.
The deal, revealed by Solarcentury last week, will see BBE’s Renewables Division gain access to Solarcentury Africa’s 2.1GW-strong pipeline of solar and energy storage projects, which the company said were all backed by strong regional and international commercial and industrial (C&I) customers.
BBE historically has focused on oil and natural gas trading, but launched a Renewables Division last year which it has looked to grow via M&A activity.

Related Keywords

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