Synergy Consulting Acted as Buy-Side Financial Advisor to Africa Rainbow Energy (ARE) on its Acquisition of a Controlling Stake in SOLA Group, a Leading Renewable Energy and Private Power Platform in South Africa

Synergy Consulting is honored to advise Africa Rainbow Energy (ARE) on its acquisition of a controlling stake in SOLA Group, one of South Africa’s leading clean energy infrastructure, renewable energy wheeling, and private power platforms.

The investment marks a significant milestone for ARE and further strengthens its position in South Africa’s rapidly growing renewable energy and C&I power market. SOLA has established itself as a leading player in South Africa’s private renewable energy and energy wheeling market, supported by a strong development pipeline and proven execution capabilities across operating and under-construction renewable energy assets, serving the increasing demand for reliable and sustainable private power solutions across South Africa.

Synergy provided end-to-end buy-side financial advisory support to ARE, including valuation analysis, commercial due diligence, commercial structuring, and negotiation of key commercial terms with the seller. The engagement involved coordinating across multiple stakeholders and navigating a complex acquisition process involving assets at different stages of development.

The acquisition represents another important step in advancing private renewable energy, solar energy wheeling, and clean energy infrastructure investment in South Africa, while supporting the country’s broader energy transition objectives.