Puma Energy acquires 49% stake in MBHE

MBHE, a southern African solar business, states the brand-new collaboration with worldwide energy company Puma Energy will allow it to keep an aggressive development technique and gain access to a bigger network of business and commercial customers into Sub-Saharan Africa.

January 19, 2024 Patrick Jowett

Puma Energy has actually obtained a 49% stake in MBHE Group (PTY) Ltd.

With head office in Centurion, South Africa, MBHE supplies renewable resource options to consumers throughout southern Africa and focuses on the style, supply, setup and operation of solar PV systems and battery innovation for various sectors.

Puma Energy states the deal will permit it to assist its commercial and industrial consumers “get ready for the future of energy and decarbonize their operations with completely incorporated renewable resource services.”

The business did not expose the monetary regards to the deal.

The Switzerland-based energy organization has actually mentioned the setup of solar PV, Battery Energy Storage options and off-grid solar PV plants as crucial development chances throughout Southern Africa.

It states the collaboration will produce more chances for MBHE to protect and take advantage of longer-term power purchase contracts, while likewise supplying access to brand-new consumers and opening monetary centers to completely establish its pipeline of tasks.

“The collaboration in between Puma Energy and MBHE allows us to keep our aggressive development technique, providing energy as a service,” included MBHE Financial Director Werner van Wyk. “The special differentiator is not just having the ability to supply holistic solar and energy storage services with strong technical and financial backing however likewise accessing a much bigger market through Puma’s existing footprint and network of business and commercial customers into Sub-Saharan Africa.”

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