CIG Circular to Shareholders Aug 2016 FA
CIG diversifies with R850 million electricity pre-paid and smart meter acquisition
CIG DIVERSIFIES WITH R850 MILLION ELECTRICTY PRE-PAID AND SMART METER ACQUISITION JSE pan-African infrastructure operation, Consolidated Infrastructure Group (“CIG”), has furthered its strategy to capture the power infrastructure value chain with the acquisition of prepaid and smart meter provider, Conlog, from Schneider Electric for up to R850 million. Durban-based Conlog is a leading developer, manufacturer […]
Consolidated infrastructure makes acquisition outside SA
With over 40% of its business derived from African markets, it was only a matter of time before infrastructure development specialist Consolidated Infrastructure Group (CIL) made its first acquisition outside SA. The announcement last week of CIL’s acquisition of a 30,5% interest in Angola Environmental Serviços Limitada (AES) is still noteworthy, for two reasons. First, […]
CIL announced the acquisition of a 30.5% interest in Angola Environmental Serviços Limitada
CIL announced the acquisition of a 30.5% interest in Angola Environmental Serviços Limitada (“AES”), an Angolan based company providing waste management services to the oil and gas sector. Over the past year, the group has worked on defining a Pan-African growth strategy involving acquisitions leveraging the expertise gained from the successful acquisition and management of […]
Company Announcement:CONCO O&M company launched to address the needs of Africa’s renewable energy sector
CONCO Operations and Maintenance (O&M), a subsidiary of JSE-listed Consolidated Infrastructure Group Limited (CIG), was recently established to address the needs of the renewable energy sector across Africa. The company’s launch comes hot on the heels of the South African government’s announcement to go ahead with 28 wind and solar projects in the first window […]