Investment Summary

Sumitomo Invests In M-KOPA Holdings Limited

On December 18, 2018, Sumitomo invested in renewable energy company M-KOPA Holdings Limited

Investment Highlights
  • This is Sumitomo’s 1st transaction in the Renewable Energy sector.
  • This is Sumitomo’s 1st transaction in Kenya.

Investment Summary
Date 2018-12-18
Target M-KOPA Holdings Limited
Sector Renewable Energy
Investor(s) Sumitomo
Deal Type Stake Purchase

Target

M-KOPA Holdings Limited

Nairobi, Kenya
M-KOPA empowers homes and small businesses. It has pioneered and built an advanced pay-as-you-go platform – unlocking solar, information, technology, finance and opportunity for millions of people. M-KOPANET is the company’s industry-leading, patented platform – using telemetry and IoT systems to power connected devices. The customer experience is enabled by analysis of device performance, customer preferences and subscriber payment behavior.

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Investor(S) 1

Investor

Sumitomo

Tokyo, Japan
Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 5.50T JPY (2022)
DESCRIPTION

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.

DEAL STATS #
Overall 28 of 45
Sector (Renewable Energy) 1 of 2
Type (Stake Purchase) 8 of 12
Country (Kenya) 1 of 1
Year (2018) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-04 Compañia Minera Teck Quebrada Blanca S.A.

Iquique, Chile

Compañia Minera Teck Quebrada Blanca S.A. is an open pit operation, which leaches the ore to produce copper cathodes via processing in an SX-EW plant. Copper cathode is trucked to Iquique for shipment to purchasers. Mine personnel live in a camp facility, and the majority commute from large population centres, including Iquique, Arica and Santiago.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-27 Sumisho Aero Engine Lease B.V.

Amsterdam, Netherlands

Sumisho Aero Engine Lease B.V. is a provider of engine leasing and offers various leasing and financing solutions. Sumisho Aero Engine Lease was founded in 2016 and is based in Amsterdam, Netherlands.

Sell -
Mergr

Product

Company

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