Ivory Coast: EDF acquires a stake in Conergies-Group

The French group EDF strengthens its presence in Africa with the acquisition of 49% stake in Conergies-group, a leader in integrated energy efficiency services in West Africa.

EDF has taken over from Investisseurs & Partenaires (I & P) – through its I & P Afrique Entrepreneurs 1 (IPAE 1) fund – which makes its exit after 6 years of participation in Conergies-group during which it contributed to its development.

The group « designs and produces tailor-made solutions integrating climate engineering, refrigeration and solar energy ». Present in Ivory Coast and Mali, respectively via its subsidiaries ARIC and RICA Services, Conergies-Group also operates in Senegal, Burkina Faso, Benin, Guinea and Guinea Bissau.

With this « strategic partnership », through its subsidiary Dalkia Froid Solutions, EDF indicates in a press release on January 23 that it will bring its « know-how in intelligent technologies » as well as « its knowledge of the markets, its commercial network and its capacity for innovation through its R & D « . The French group is indeed active in West Africa on the entire energy value chain (electricity generation based on renewable energies, energy access kits Off-Grid, development of networks and engineering services).

« This strategic partnership (…) will allow us to increase the portfolio of energy-efficient solutions that we can offer to our customers in West and Central Africa, » said Mamadou Sanankoua, CEO of Conergies-Group.

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