Chappal Energies has acquired ENEC, with backing from MCB Group, to strengthen its position in Mauritius's growing renewable energy market.
Information on the Target
Chappal Energies is a prominent player in the renewable energy sector in Mauritius. Recently, the company expanded its capabilities by the acquisition of ENEC, enhancing its position within the market. This strategic move aligns with the growing emphasis on sustainable energy solutions in the region, aiming to meet both local and international energy demands while reducing carbon emissions.
Chappal Energies has a solid track record in providing innovative renewable energy solutions. By integrating ENEC into its operations, Chappal Energies is poised to leverage ENEC's established infrastructure and expertise to further drive growth and sustainability initiatives in Mauritius.
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Industry Overview in Mauritius
The renewable energy industry in Mauritius is witnessing significant transformation, driven by an increasing need for sustainable energy solutions. The government has implem
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MCB
invested in
Chappal Energies
in 2025
in a Other deal
Disclosed details
Transaction Size: $120M