Renewvia Energy and its local partner, Incremental Energy Solutions Limited, have signed a long-term power supply contract with United Bank for Africa to supply their branches with clean energy generated from Renewvia’s cutting-edge microgrids.
Under the contract, Renewvia will design, finance, own and operate solar microgrid systems to deliver clean, resilient, and affordable power supply to UBA’s branches, substantially reducing the bank’s carbon footprint and advancing environmental goals while generating significant financial savings.
UBA is a multinational pan-African financial services group headquartered in Lagos and known as Africa’s global bank. It operates over 1,000 business offices and customer touchpoints, and has subsidiaries in 20 African countries and offices in London, Paris and New York. It has over $20bn in assets.
A statement by…
