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The meeco Group and SOLMAIOR, Lda. sign cooperative agreement – Companies agree to jointly develop clean energy projects in Africa

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September 27, 2010

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9:02 am

The meeco Group, a Swiss company with offices worldwide, and the Portuguese company SOLMAIOR, Lda., are pleased to announce its cooperation in developing, constructing, and maintaining small and large-scale renewable energy projects. This collaboration combines The meeco Groups leadership in clean energy with SOLMAIOR s energy infrastructure and project management capabilities.

SOLMAIOR, which is partially owned by Exergia S.A., has been searching for a partner with the experience and expertise to bring together and coordinate all aspects of clean energy projects. At the same time, The meeco Group has wanted to establish a stronger local presence in various African countries.

This cooperation with SOLMAIOR will help us serve the Portuguese market and African markets such as Angola, Mozambique, S. TomĂ© and PrĂ­ncipe, and Guinea-Bissau– the so-called PALOP countries, explains Dieter Trutschler, member of The meeco Group Board of Directors. While there is a huge need for electricity in these African countries, reaching many areas with a reliable grid or consistent supply of diesel fuel is extremely difficult. Leveraging our clean energy expertise and SOLMAIOR infrastructure capabilities and local relationships, we look forward to providing cost-effective energy solutions to these countries.

For the Angolan market SOLMAIOR will use the local partner SOLX, Lda.