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Clarke Energy Acquires GE's Jenbacher Gas Engines South African Service Business and Agaricus Trading

Clarke Energy has made two key acquisitions in South Africa - GE 's South African Jenbacher gas engines Service Business and Agaricus Trading Pty Ltd, official sales representative of GE Jenbacher in the region . In parallel, Clarke Energy has been awarded the status of Jenbacher gas engines distributor and service provider in South Africa, Mozambique and Botswana.

These two key strategic acquisitions in southern Africa further expand Clarke Energy's reach in Africa following the establishment of an East African hub in Tanzania in 2012. Clarke Energy will continue to deliver its successful model of providing added value to the Jenbacher product platform through engineering and installation of gas-fuelled power plants and delivering the highest levels of aftersales support.

The acquisitions provide significant opportunities for further growth, from securing contracted service revenue and sales into the gas to power segments.

Combining the sales and service functions for southern Africa will provide benefits to the customer base as there will be a single point of contact for the sales and service of Jenbacher gas engines in southern Africa.

Jamie Clarke, CEO of Clarke Energy: 'The strategic acquisition of GE's service hub and Agaricus Trading will enable us to support Jenbacher customers from sale through to engineering, installation and maintenance of their gas fuelled generation equipment. Our investment in aftersales support and experience with the product will deliver high levels of equipment availability which will in-turn will be a significant benefit to Jenbacher customers in southern Africa.'

'Clarke Energy is an important Jenbacher gas engine distributor and service provider in Africa and key regions around the world,' said Darryl Wilson, chief commercial officer of GE Power & Water's Distributed Power business. 'Given Clarke Energy's strong service presence in Africa, our decision to sell our South Africa Service Business and sign the new distribution agreements with Clarke Energy combined with their acquisition of Agaricus Trading enables us to even better meet the local demand for our cleaner industrial and municipal on-site power solutions.'

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