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M&A Deal Summary

Starsight Energy Acquires SolarAfrica Energy

On September 22, 2022, Starsight Energy acquired renewable energy company SolarAfrica Energy

Acquisition Highlights
  • This is Starsight Energy’s 1st transaction in the Renewable Energy sector.
  • This is Starsight Energy’s 1st transaction in South Africa.

M&A Deal Summary
Date 2022-09-22
Target SolarAfrica Energy
Sector Renewable Energy
Buyer(s) Starsight Energy
Deal Type Merger

Target

SolarAfrica Energy

Centurion, South Africa
SolarAfrica Energy provides renewable-energy solutions specially solar photovoltaic (PV) and battery storage to commercial and industrial clients, offering them cost-effective electricity without upfront capital expense. SolarAfrica Energy was founded in 2011 and is based in Centurion, South Africa.

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Buyer(S) 1

Buyer

Starsight Energy

Lagos, Nigeria
Category Company
Founded 2015
Sector Renewable Energy
DESCRIPTION

Starsight Energy is a renewable-energy services company that provides commercial and industrial (C&I) clients across Africa with clean energy including solar power, battery storage, cooling systems, and energy-management services. Starsight Energy was founded in 2015 and is based in Lagos, Nigeria.

DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2022 M&A 1 of 1
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