- UK-based power company penetrates the new market.
UK-based power firm Bboxx has announced the acquisition of West Africa-based solar energy provider PEG Africa. The purchase gives Bboxx access to new markets in Senegal, Ivory Coast, Ghana, and Mali, bringing its total operating markets to 10 countries.
“Following the acquisition, Bboxx will have over 250 shops and 4,000 staff, positively impacting the lives of 3.5 million people,” the company said.
The agreement was closed on Tuesday, and financials have not been disclosed.
According to the statement, PEG Africa is one of West Africa’s most prominent distributed energy providers, with close to 100 service centres and over 500 employees in four countries.