mergers and acquisitions

climate finance

Foreign direct investment in Africa decreased by 16% in 2020

Foreign direct investment in Africa has seen a decline of 16% in 2020, this is according to the recently published UNCTAD’s World Investment Report 2021. COVID-19 had a significant impact on FDI on the continent from $47 billion in 2019 to $40 billion in 2020.
SB Energy

M&A deal: SB Energy bought for $3.5bn from Softbank and Bharti

Adani Green Energy has undertaken one of the largest renewable energy acquisitions in India acquiring SB Energy at a value of $3.5 billion.

West African C&I solar power provider expands into East Africa

Starsight Energy announced its acquisition of a 50% stake in the East African operations of C&I solar power provider Premier Solar Group.

Joint venture: Clariant and India Glycols tap into renewables megatrend

Clariant and IGL announced a strategic partnership to establish a 51-49% joint venture in renewable ethylene oxide (EO) derivatives.

PetroSA merger to form South African National Petroleum Company

The iGas, PetroSA and Strategic Fuel Fund are planned to be merged and will be called the South African National Petroleum Company.
LPG South Africa

LPG market growth as Petredec acquires Quest Petroleum in South Africa

Through the acquisition, Petrefuel will distribute diesel, petroleum, paraffin and lubricants to customers operating in the transport, agricultural, retail, industrial and other commercial sectors.
Sasol

Central Energy Fund refutes reports to buying Sasol assets

The Central Energy Fund (CEF) has dismissed media reports that it is in talks to buying petrol stations belonging to Sasol.
wheeling frameworks

EBRD reinforces renewable drive via stake in Egypt’s Infinity Energy

The European Bank for Reconstruction and Development (EBRD) is investing $60 million to become a shareholder in an Egyptian private energy company,...
Rolls-Royce

Rolls-Royce takes majority holding in power storage specialist Qinous

Rolls-Royce acquired a 73.1% majority stake in Berlin-based electricity storage specialist Qinous to boost its position in the storage and microgrid market.

Transactions in global power M&A market reached $158bn in 2018

The global power mergers and acquisitions market saw transaction volumes reaching $158 billion in 2018, the second-highest in the last five years, according to GlobalData.

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