Company profile

CrossBoundary Energy Holdings

CrossBoundary Energy Holdings, founded in 2011 and headquartered in Mauritius, is an investment company that develops, owns and operates distributed renewable energy solutions for commercial and industrial clients in Africa. A subsidiary of CrossBoundary Group, the firm focuses on solar, wind and battery storage projects delivered through power purchase and lease agreements. CrossBoundary Energy operates across 15+ African countries with a portfolio of approximately $680 million in awarded, signed, in-construction and operating energy assets. The portfolio comprises 520 MW of generation capacity and 712 MWh of battery energy storage solutions. The company's projects range from large-scale renewable hybrid power plants for mines to rooftop solar installations for industrial facilities and distributed power solutions for telecommunications sites.

Sector

Energy and power / Electricity Generation, Commercial & Industrial (C&I) Solar

Markets

Somalia, South Africa, Tunisia, Tanzania, Zambia, Egypt, Sierra Leone, Madagascar, Zimbabwe, Mozambique, Kenya, Democratic Republic of the Congo, Ghana, Mali, Mauritius, Nigeria, Senegal

Founded

2011

Ownership

Private

Stage

Scale-up

Capital raised

$660.5m

Employees

51-200

Business model

B2B Financial Services, Rental/Leasing

Products and services

Solar Photovoltaic Systems, Battery Energy Storage Systems (BESS), Wind Power Installations, Hybrid Renewable-Thermal Power Plants, Power Purchase Agreements, Finance Lease Agreements & Energy-as-a-Service

Source: Partner Researchers.