Source: ENGIE | an hour agoAcquisition of Afric
Power and Tieri gives ENGIE strong local presence to accelerate its
expansion in energy services in West and Central AfricaThe
companies, based in Côte d’Ivoire, Burkina Faso, Mali and Niger, have
been able to export their competencies throughout the region Print Share Favourite Copy text Get source logoEgalement disponible en Français
ABIDJAN, Ivory Coast, January 15, 2018/APO Group/ -- ENGIE (www.ENGIE-Africa.com) has signed an agreement to acquire two companies special...
Source: ENGIE | an hour agoAcquisition of Afric
Power and Tieri gives ENGIE strong local presence to accelerate its
expansion in energy services in West and Central AfricaThe
companies, based in Côte d’Ivoire, Burkina Faso, Mali and Niger, have
been able to export their competencies throughout the region Print Share Favourite Copy text Get source logoEgalement disponible en Français
ABIDJAN, Ivory Coast, January 15, 2018/APO Group/ -- ENGIE (www.ENGIE-Africa.com) has signed an agreement to acquire two companies specialising in energy services in West Africa. Afric Power and Tieri (www.Tieri.com)
employ more than 140 people specialising in the design, installation
and maintenance of electrical systems and automated control mechanisms
in West Africa. The companies, based in Côte d’Ivoire, Burkina Faso,
Mali and Niger, have been able to export their competencies throughout
the region. This acquisition reaffirms ENGIE's goal of quickly expanding
to become one of the leaders in energy services in West and Central
Africa.Philippe Miquel, Regional Manager of ENGIE West and Central Africa, says: "Afric
Power and Tieri have both made their mark in the region and built up a
diverse customer portfolio by focusing on quality, proximity and
innovation. We fully share these values and are convinced that this
solid foundation combined with ENGIE's expertise, financial clout and
international credentials will enable us to quickly establish the
integrated energy service provider the region needs." Afric Power and Tieri are complementary companies offering a
comprehensive service including system design, the assembly of
electrical cabinets and automated control mechanisms, and the
installation, maintenance and warranty coverage of equipment. The
companies have forged strong partnerships with customers operating in
many sectors, such as agro-industry, agri-food, mines, large-scale
services and data centres.Afric Power
and Tieri have both made their mark in the region and built up a diverse
customer portfolio by focusing on quality, proximity and innovationENGIE's activities in West and Central Africa are focused on
centralised energy generation, mini-grids and individual solar kits.
ENGIE has recently distinguished itself in the energy sector by
commissioning the Santhiou Mekhe solar photovoltaic plant in Senegal [1] (30 MW), being awarded the energy and systems component of the Dakar Regional Express Train (TER) project [2] and commissioning the Soubré hydroelectric dam (275 MW) in Côte d’Ivoire [3].ENGIE will capitalise on this acquisition to set up a regional
platform with a view to offering energy services (installation and
maintenance) to commercial and industrial customers, both private and
public.[1] Turnkey contract handled by Solaire Direct, a subsidiary of ENGIE.[2] Turnkey contract handled by ENGIE Ineo, a subsidiary of ENGIE.[3] Project management assistance contract handled by Tractebel, a subsidiary of ENGIE.Distributed by APO Group on behalf of ENGIE.Acquisition of Afric Power and Tieri gives
ENGIE strong local presence to accelerate its expansion in energy
services in West and Central Africa Download SharePress contact :
ENGIE : Philippe.Miquel@Engie.com - Tel : +225 22 44 70 46About ENGIE AFRICA
For over 50 years, ENGIE (ENGIE-Africa.com)
has been active in many African countries through its energy
engineering business, its natural gas purchase agreements with Algeria,
Egypt and Nigeria and more recently as an independent power producer in
South Africa and Morocco with a total capacity of 3,000 MW either in
operation or under construction. By 2025, ENGIE aims to become a
reference partner in about ten African countries for power plants,
energy services to businesses and decentralized solutions for off-grid
customers – communities, companies and households. For more information,ENGIE-Africa.comThe Group ENGIE (ENGIE.com)
is active in some 70 countries, employs 150,000 people worldwide and
achieved revenues of €66.6 billion in 2016. ENGIE is committed to taking
on the major challenges of the energy revolution, toward a world more
decarbonized, decentralized and digitalized. The Group aims to become
the leader of this new energy world by focusing on three key activities
for the future: low carbon generation, in particular from natural gas
and renewable energy; energy infrastructure; and efficient solutions
adapted to all its customers. About Afric Power and Tieri
Afric Power and Tieri (Tieri.com) specialise in service provision, distribution and the manufacture of equipment in the industrial power sector in West Africa.
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