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Starsight Energy has acquired 50 per cent of Nairobi-based Premier Solar Group’s Operations in the region.
- Both companies have established a joint unit, Starsight Premier Energy Group, to provide sustainable energy solutions to C&I consumers in Rwanda, Kenya, Tanzania, and Uganda.
Starsight Energy has expanded its operations into East Africa by acquiring 50 per cent of Nairobi-based Premier Solar Group’s Operations in the region. Under this partnership, both companies will establish a joint unit, Starsight Premier Energy Group, to provide sustainable energy, cooling, and battery storage to commercial and industrial customers in Rwanda, Kenya, Tanzania, and Uganda.
Premier Solar founder and CEO Rupesh Hindocha is chairman and CEO of the new business unit. At the same time, the head of projects for Premier Solar, Rujat Surey, has been appointed chief technology officer of Starsight Premier.
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Starsight Energy CEO Tony Carr noted that Starsight is excited to partner with Premier Solar Group in East Africa. He stated that the newly formed company would deliver significant financial capacity to the region’s energy efficiency market and offer new and existing clients an unprecedented opportunity to scale their sustainable power, cooling, and storage systems. Startsight Premier Energy Group will combine Starsight’s industry-leading service and technology with Premier Solar Group’s established footprint in Kenya. We look forward to bringing our unparalleled service and 99.9% uptime guarantee to the new C&I [commercial and industrial] clients in the region.”
Premier Solar’s Hindocha said: “We welcome the partnership with Startsight Energy in East Africa. We knew instantly that Starsight would be the right partner for us because of their reputation for exceptional customer service, innovation, and sustainability. We look forward to continuing to deliver the standard of service and efficiency that has come to define the Starsight Energy and Premier Solar Group brands.”
Starsight Energy currently operates in Nigeria and Ghana. It is backed by London-based private equity group Helios Investment Partners and the Cape Town-based financial service African Infrastructure Investment Managers, owned by Old Mutual banking group.