BTE-Excelsior, South Africa

Engie wraps up acquisition of BTE Renewables’ South African assets


Issue 498 - 28 Dec 2023 - By Tonderayi Mukeredzi | 1 minute read

French utility Engie has concluded the purchase of BTE Renewables’ South African assets from private equity investor Actis, six months after the deal was announced.

It is the second significant South Africa development for Engie in recent weeks, following financial close on the Grootspruit and Graspan solar PV plants on 30 November.

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