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Engie Acquires 90 Percent Stake in Solar Solutions Provider Simpa Energy

Simpa sells solar power systems on financing to households and shops in rural India

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ENGIE, a global independent power producer (IPP), has acquired a 90 percent stake in Simpa Energy, from its parent company Simpa Networks, a distributed energy solutions provider with pay-as-you-go pricing model to households and businesses.

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