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Pay-go-solar company, Fenix, changes name to ENGIE Energy Access Nigeria

ENGIE Energy Access Nigeria

Fenix International, a pay-as-you-go (PAYGo) solar energy company has announced a change of name to ENGIE Energy Access Nigeria at a press conference held in Lagos on June 29.

The company started out as Fenix International in Nigeria, in 2018 as part of ENGIE, a leading independent electricity producer around the world. The name change integrates the Nigerian unit into the global brand.

“The name change is a result of ENGIE integrating Fenix International with ENGIE Mobisol, another solar home systems company; and mini-grids provider, ENGIE PowerCorner under one entity and one name – ENGIE Energy Access,” the company said.

This integration puts ENGIE Energy Access Nigeria in a unique position as the only energy player offering end-to-end off-grid energy solutions with both solar home systems and mini-grids under one roof, the company said.

Read Also: Solar energy demand to rise 30% in 2021 – study

Bankole Cardoso, the Managing Director of ENGIE Energy Access Nigeria, at the unveiling held in Lagos, said the company is poised, not only to bridge the gap in access to electricity in Nigeria but also actively contribute to the improvement of the country’s relatively poor energy statistics.

“As Fenix International, we only offered solar home systems, and with ENGIE Energy Access we are now able to offer both solar home systems and mini-grid solutions to our customers.

“Our decentralized solutions cover the full spectrum of energy needs from basic lighting and phone charging (with our basic kit selling for N44,500 and can be paid off in 20 months) to more advanced systems for households all the way to powering productive use equipment to promote entrepreneurship and boost economic activity in rural communities across Nigeria.

“So far, we have had great success by impacting the lives of over 200,000 Nigerians and we have ambitious growth plans to scale even faster and wider across Nigeria, allowing us to bring our clean, reliable, and affordable energy to millions of Nigerians over the next five years,” he said.

The company has operations in 11 states across Nigeria including Lagos, Kwara, Oyo, Kogi, Enugu, Ebonyi, Benue, Plateau, Nasarawa, Ondo, and Niger.

Cardoso also said that partnership with organizations like Paga, MTN, Enugu State Government, DSTv, Nigeria Rural Electrification Agency, has played a key role in the company’s success.

Universal electrification is the seventh of the United Nations Sustainable Development Goals that the global community has committed to achieving by 2030.

With Africa (and by extension Nigeria) accounting for a major part of the population of people without access to electricity, Cardoso is confident in the role that ENGIE Energy Access will play in changing Nigeria’s access to energy statistics.

Isaac Anyaogu is an Assistant editor and head of the energy and environment desk. He is an award-winning journalist who has written hundreds of reports on Nigeria’s oil and gas industry, energy and environmental policies, regulation and climate change impacts in Africa. He was part of a journalist team that investigated lead acid pollution by an Indian recycler in Nigeria and won the international prize - Fetisov Journalism award in 2020. Mr Anyaogu joined BusinessDay in January 2016 as a multimedia content producer on the energy desk and rose to head the desk in October 2020 after several ground breaking stories and multiple award wining stories. His reporting covers start-ups, companies and markets, financing and regulatory policies in the power sector, oil and gas, renewable energy and environmental sectors He has covered the Niger Delta crises, and corruption in NIgeria’s petroleum product imports. He left the Audit and Consulting firm, OR&C Consultants in 2015 after three years to write for BusinessDay and his background working with financial statements, audit reports and tax consulting assignments significantly benefited his reporting. Mr Anyaogu studied mass communications and Media Studies and has attended several training programmes in Ghana, South Africa and the United States

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