Puma Energy buys 49 per cent stake in MBHE

Puma Energy has bought a 49 per cent stake in MBHE Group, a company that provides renewable energy solutions to customers across southern Africa. The transaction aligns with Puma Energy’s objective of energising communities and helping industrial and commercial customers prepare for the future of energy and decarbonise their operations with fully integrated renewable energy solutions.

Furthermore, key growth opportunities across southern Africa include the installation of solar PV, Battery Energy Storage solutions and off-grid solar PV plants. The alliance will also create more opportunities for MBHE to secure power purchase agreements to develop projects and benefit from long term Power Purchase Agreements.

MBHE is an industry leader in the design, supply, installation and operation of solar PV systems and battery technology catering for numerous sectors including retail centres, manufacturing, hospitals, heavy industry and mining.