Graphique Historique de l'Action
3 Mois : De Août 2019 à Nov 2019
By Pietro Lombardi
Engie SA (ENGI.FR) said Tuesday it has bought Mobisol, a company focused on off-grid solar solutions with operations in Tanzania, Rwanda, and Kenya.
Financial details of the deal weren't disclosed.
With more than 500 employees and roughly 1,200 contractors, the company has installed more than 150,000 solar home systems, the French energy company said.
"With the acquisition of Mobisol, Engie expands its access to a market of millions who are not connected to the grid and establishes itself as the market leader on the continent," Chief Executive Isabelle Kocher said.
Write to Pietro Lombardi at email@example.com
(END) Dow Jones Newswires
September 03, 2019 05:38 ET (09:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.