Gide has advised ENGIE on the acquisition of Afric Power and Tieri, two companies specialising in energy services in West Africa. Based in Côte d’Ivoire, Burkina Faso, Mali and Niger, Afric Power and Tieri employ over 140 people who specialise in the design, installation and maintenance of electrical systems and automated control mechanisms in West Africa. In acquiring Afric Power and Tieri, ENGIE gains a strong local foothold to boost its development in energy services in Central and West Africa.
Through this acquisition, ENGIE will implement a regional platform to offer energy services (installation and maintenance) to secondary and tertiary clients, from both the private and public sectors.
Gide's team advising ENGIE on this transaction comprised partner Julien David, with associates Alexandre Heydel and Arthur Lemaitre.