{"id":36540,"date":"2021-11-22T07:06:08","date_gmt":"2021-11-22T07:06:08","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=82909"},"modified":"2021-11-22T07:06:08","modified_gmt":"2021-11-22T07:06:08","slug":"enernet-global-acquires-kps-power-africa","status":"publish","type":"post","link":"https:\/\/southafricavoice.com\/enernet-global-acquires-kps-power-africa\/","title":{"rendered":"Enernet Global acquires KPS Power Africa"},"content":{"rendered":"
\n

Distributed energy service company accelerates presence in Africa with acquisition of African subsidiary of KPS Australia<\/h4>\n

NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) — Enernet Global Inc. (\u201cEnernet\u201d), a distributed\u00a0energy service company whose mission is to decarbonise the world\u2019s supply chains, acquired KPS Power Africa (\u201cKPSPA\u201d) to accelerate presence in African mining.<\/p>\n

Enernet\u2019s global footprint enables it to provide tailored energy solutions for mining, commercial, industrial, remote community and utility customers across its operations in Australia, the Philippines, the Caribbean and Sub-Saharan Africa. KPSPA finances, builds, owns\u00a0and operates hybrid power plants for the mining sector in Africa. The transaction provides Enernet with a portfolio of projects and expert team to rapidly scale the business.<\/p>\n

\u201cThe combination of KPS Power Africa\u2019s deep roots in mining and power in Africa combined with Enernet\u2019s world-leading expertise on renewable hybrid plants and competitive capital enables us to bring a unique solution to mines across Africa,\u201d said Paul Matthews, Enernet and KPSPA\u2019s CEO. \u201cMines are under increasing pressure to reduce scope 1, 2 and 3 emissions and their CEOs must report to investors and the market on their ambitions to reduce CO2. Together, we finance, build and operate cheaper, cleaner and more reliable power solutions for customers across Sub-Saharan Africa.\u201d<\/p>\n

\u201cThe acquisition of KPSPA by Enernet Global is a great strategic move which allows both companies to advance hybrid power generation within mining in Africa. KPSPA has increased its exposure to the renewable energy market and Enernet Global its presence in the African mining industry, which is ideally positioned for renewable hybrid system,\u201d said Ben Zikmundovsky, KPSPA\u2019s General Manager.<\/p>\n

Enernet and KPSPA deploy distributed on- and off-grid generation projects that integrate renewable energy, battery storage, cogeneration and existing thermal or grid supply. System design and operational optimization are underpinned by Enernet\u2019s patented technology platform.<\/p>\n

Selling energy and services through power purchase agreements, systems are delivered at no capital cost to customers and tailored to their specific energy needs. This lowers costs, adds energy resilience and independence, and dramatically reduces emissions mines in Africa.<\/p>\n

About Enernet Global Inc (\u201cEnernet\u201d)<\/strong>
\nEnernet is a\u00a0distributed energy service provider that finances, builds, owns and operates microgrids and drives the adoption of renewable energy, battery storage and energy efficiency solutions that displace CO2\u00a0emissions. Built on the company\u2019s proprietary software platform, Enernet\u2019s Energy-as-a-Service offering benefits on- and off-grid customers by providing less expensive, more resilient power solutions at no capital outlay for customers.<\/p>\n

Enernet has operations in Australia, the Philippines, the Caribbean and Sub-Saharan Africa, where it focuses on power solutions for sectors that include island development, mining, commercial and industrial, remote communities, agriculture, utilities and hospitality.<\/p>\n

About KPS Power Africa (\u201cKPSPA\u201d)<\/strong>
\nKPS Power Africa specialises in designing, building, owning and operating power stations for African mining operations. As a leading contract power supplier to the mining sector, KPSPA provides independent power generation services with the benefit of over 30 years\u2019 experience in African mining.<\/p>\n

Servicing all of Africa, KPSPA\u2019s purpose-built power generation systems include design, construction, operation and maintenance, reducing customers\u2019 capital and maintenance requirements. Capabilities and expertise cover multiple technologies and deliver benchmark reliability and fuel efficiency for our customers\u2019 mining operations.<\/p>\n

Media contact:<\/strong>
\nPaul Matthews
\nEnernet Global Inc.
\nOffice: +1 541 292 6422
\nEmail: pmatthews@enernetglobal.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Distributed energy service company accelerates presence in Africa with acquisition of African subsidiary of KPS Australia NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) \u2014 Enernet Global Inc. (\u201cEnernet\u201d), a distributed\u00a0energy service company whose mission is to decarbonise the world\u2019s supply chains, acquired KPS Power Africa (\u201cKPSPA\u201d) to accelerate presence in African mining. Enernet\u2019s global footprint [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[165,166],"yoast_head":"\nEnernet Global acquires KPS Power Africa - South Africa Voice<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southafricavoice.com\/enernet-global-acquires-kps-power-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Enernet Global acquires KPS Power Africa - South Africa Voice\" \/>\n<meta property=\"og:description\" content=\"Distributed energy service company accelerates presence in Africa with acquisition of African subsidiary of KPS Australia NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) \u2014 Enernet Global Inc. 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