- The partnership between Puma Energy and MBHE will see the installation of solar PV, BESS and off-grid solar PV plants in Southern Africa.
- The partnership will also create more opportunities for MBHE to secure power purchase agreements to develop projects.
Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent. The partnership with Puma Energy will help drive expansion by providing access to new customers and unlocking financial facilities to fully develop its pipeline projects.
The Key growth opportunities across Southern Africa include the installation of solar PV, battery energy storage solutions and off-grid solar photovoltaic (PV) plants. The transaction aligns with Puma Energy’s purpose of energising communities and helping industrial and commercial customers prepare for the future of energy and decarbonise their operations with fully integrated renewable energy solutions.
MBHE is an industry leader in the design, supply, installation, and operation of solar PV systems and battery technology, catering to numerous sectors, including retail centres, manufacturing, hospitals, heavy industry, and mining. The partnership will also create more opportunities for MBHE to secure power purchase agreements (PPAs) to develop projects and benefit from long-term PPAs.