SolarAfrica, Starsight Energy complete merger

2 Aug 2023

SolarAfrica Energy and Starsight Energy have successfully completed their merger, which is backed by Helios Investment Partners and African Infrastructure Investment Managers (AIIM).

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The group's clean energy solutions include solar energy, battery storage, wheeling and energy management.

“The supply of renewable energy in sub-Saharan Africa is relatively fragmented, with several suppliers in the market. This merger is a substantial step for us and will provide a true pan-African platform to deliver clean renewable energy in key economies,” said Paul van Zijl, group CEO.

The merged group consists of an installed and contracted portfolio of 520MW in solar power generation, 60MWh of battery storage and an additional energy pipeline exceeding 2GW.

In addition to Ghana, Kenya, Namibia, Nigeria and South Africa, the group is working on imminent expansion into Tanzania and Uganda.

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Both Starsight Energy and SolarAfrica are represented in the group executive management team:

Paul van Zijl assumes the role of group CEO (formerly group CFO of Starsight Energy)
Charl Alheit assumes the role of group CIO (formerly CIO for SolarAfrica)
Max Rieg assumes the role of group commercial director (formerly commercial director of Starsight Energy)

The group will also retain its regional management structures, with David McDonald (Southern Africa), Emmanuel Ayifa Baah (Ghana), Ladi Sanni (Nigeria) and Rupesh Hindocha (East Africa) leading their respective regions.