Engie buys more companies in energy transition strategy

French utility Engie announced on 15 January the acquisition of two more companies – West Africa-focused Afric Power and Tieri – operating in the decentralised energy industry. On the same day, Engie’s impact investment fund Engie Rassembleurs d’Energies was part of a consortium, alongside Shell Technology Ventures LLC and Sweden’s Swedfund, which made a $20m equity investment in Husk Power Systems, a company operating mini-grids in Asia and Africa.