Lead party: Fortis Green Renewables Investment Management and Zeitinger Invest GmbH (investors)
Coverage: The Meridian legal market record (editorial).
GRIPS Energy has received a growth equity investment of undisclosed size from Fortis Green Renewables Investment Management and Zeitinger Invest GmbH, announced on 14 October 2026.
The capital will accelerate commercial and industrial solar and battery storage development, fund acquisitions of operational renewable assets and support new distributed solar and solar-plus-storage projects. GRIPS has acquired operational assets in Senegal, Botswana, Zambia and Uganda and targets more than 100 MW of solar and storage by 2030.
Advisers: not disclosed.
Status: announced.
Sources: SolarQuarter, 14 October 2026; Africa Private Equity News.
Target: Anjano Energy Invest GmbH (private company) · Sector: Energy & Utilities, Energy Storage (Battery), Commercial & Industrial (C&I) Solar, Independent Power Producers · Countries of operation: Kenya, Botswana, Côte d’Ivoire, Uganda, Senegal, Zambia
Transaction type: Investment, Project Financing · Asset class: Private Equity, Infrastructure & Project Finance · Strategy: Growth Equity · Instrument: Ordinary Shares (Equity) · Fund: Fortis Green Fund I
Investors/buyers: Zeitinger Invest, Fortis Green Renewables Investment Management
Source: announced 16 October 2026. Original announcement: lnkd.in.
