UK-based power Bboxx buys solar energy provider PEG Africa : statement

DAKAR -UK-based energy firm Bboxx has purchased West Africa-based photo voltaic vitality supplier PEG Africa, the corporate mentioned in a press release on Tuesday.

The acquisition provides Bboxx entry to new markets in Senegal, Ivory Coast, Ghana, and Mali, bringing its complete working markets to 10 nations, it mentioned.

“Following the acquisition, Bboxx can have over 250 outlets and 4,000 employees, positively impacting the lives of three.5 million folks,” the assertion mentioned.

The settlement was closed on Tuesday and financials haven't been disclosed.

PEG Africa is one in every of West Africa’s largest distributed vitality suppliers, with near 100 service facilities and over 500 workers in 4 nations, in keeping with the assertion.

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