INFRASTRUCTURE

Enernet acquires KPS Power Africa

Acquisition aimed at cutting costs and increasing energy resilience

This article is 4 years old. Images might not display.

Enernet Global, a US-based distributed energy service, has acquired KPS Power Africa (KPSA) to decarbonise the African mining sector and related supply chains.

Paul Matthews, Enernet Global's chief executive officer, said its "world-leading expertise" on renewable hybrid plants and competitive capital would enable it to bring "a unique solution across Africa."

Going further, Matthews explained that mines are under increasing pressure to reduce scope 1,2 and 3 emissions.

Ben Zikmundovsky, KPSA's general manager, said the agreement would allow both companies to advance hybrid power generation within the African mining sector.

"KPSPA has increased its exposure to the renewable energy market and Enernet Global its presence in the African mining industry, which is ideally positioned for a renewable hybrid system," Zikmundovsky explained.

The companies said they would sell energy and services through power purchase agreements, which would enable them to deliver specifically tailored systems at no capital cost to the customer.

They said this would lower costs, increase energy resiliency, and dramatically reduce emissions in mines in Africa.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions