PowerGen acquires Rafiki Power (E.ON Off-Grid Solutions) from E.ON

PowerGen Renewable Energy, a leading developer, builder, and operator of micro-utilities in Africa, has closed the acquisition of Rafiki Power (E.ON Off-Grid Solutions ).  The acquisition combines two leading micro-grid companies in Africa and will help build momentum for private utilities on the continent.

PowerGen (founded 2011) and E.ON Off-Grid Solutions (founded 2014) have been pioneers in the new sector of private utilities who bring efficiency, technology, and customer service to un-electrified Africans through clean, modern micro-utilities. These micro-utilities offer high quality alternating current electricity to towns and villages in order to reduce poverty and enable economic development, while building the clean energy system of the future in Africa from the grid edge inwards.

The acquisition will combine two leading players in the sector, and provide PowerGen with micro-grid assets, project pipeline, software IP, and human resources from E.ON Off-Grid Solutions. PowerGen now has over 10,000 utility customers under management, serving over 50,000 people with clean and reliable energy across several African countries.