Africa Matters

Engie Sees Opportunities for Renewables Consolidation in Africa

By Edson Baraukwa | Africa Guardian Engie, a French utility company, anticipates increased mergers and acquisitions in Africa’s renewable energy sector, including in South Africa. Following its $1-billion acquisition of renewable assets from Actis last year, Engie is focused on integrating these assets rather than seeking further acquisitions. However, the company is also working on developing a pipeline of…

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