Mandate

  • Years: 2016
  • Sector: Developing Market Applicable, Internet of Things
  • Goal: Strategic equity partnership

details

  • Tower Energy Solutions’ (TES) mission is to become the leader in providing off-grid and low-availability-grid power to remote cellular tower sites of mobile operators and tower operators in Africa. Uniquely, TES provides an outsourced power service at these remote sites, billing these customers for power usage, whilst owning the energy assets and managing the service to high availability standards. New Hybrid DC generator/solar/battery technologies provide an opportunity to generate off-grid power on location at lower cost, while operational efficiencies are driven by extensive remote monitoring (Internet of Things) in combination with “on the ground” teams, to increase security of supply and efficiencies.
  • Corniche has been engaged by TES to identify and secure a strategic equity partnership with a well established and strategically aligned pan-African company in order to take it to the next level, leveraging both the operational and financial capabilities of the target. Ongoing mandate.