French utility Engie said in a statement it had bought African offgrid solar firm Mobisol, adding the acquisition would make it African market leader in that industry.
Founded in 2011, Mobisol employs 500 staff and some 1 200 freelance installers and is present in Tanzania, Rwanda and Kenya, where it has installed more than 150 000 home solar systems.
Following its acquisition of Uganda-based Fenix International in 2017, Engie has more than 500 000 home solar system clients in Uganda, Zambia, Nigeria, Benin, Ivory Coast and Mozambique.
No financial details were given.