Africa's renewable energy sector is shifting towards commercial maturity, with mergers and acquisitions playing a key role in reshaping the market for resilience and long-term value.
Investors are moving towards stable operating platforms and predictable returns, with infrastructure funds and private equity firms focusing on portfolios that offer consistent growth potential.
The sector is evolving with a focus on valuing assets based on technology mix, commercial edge, and revenue models that include blended strategies and shorter contracts.
The landscape includes shifting dynamics such as the rise of battery storage, evolving revenue models, changing financing structures, and the importance of strong operations and maintenance post-acquisition for unlocking long-term value.