Ignite Power completed the acquisition of ENGIE Energy Access.

Ignite Power, an Abu Dhabi-based distributer in renewable energy solutions, completed the acquisition of ENGIE Energy Access, a provider of decentralized energy solutions. Financial terms were not disclosed. "Concluding the acquisition of ENGIE Energy Access marks a transformative milestone for our company and Africa’s energy sector. By integrating the strengths of both companies, with our proven model and technology, we will establish a full-range energy access company that can scale to meet the continent’s immense energy needs. Together, we will not only connect millions of people to clean and reliable energy but also drive economic growth, create jobs, and empower communities across Africa," Yariv Cohen, Ignite Energy Access CEO