NuRAN Wireless Establishes Wholly Owned Subsidiary NuEnergy to Expand Renewable Energy Operations in Africa
NuRAN Wireless (NUR) has announced the creation of a wholly owned subsidiary, NuEnergy, which will be responsible for owning and operating solar, storage, and hybrid power systems across Africa. The new entity aims to address energy shortages by providing reliable and affordable electricity solutions to rural and underserved communities on the continent. NuEnergy is also expected to explore opportunities for third-party power sales where feasible under local regulations. This strategic move is intended to support infrastructure-focused financing while improving capital efficiency within NuRAN’s broader operations. The company plans to maintain its integrated platform by keeping ownership of sites, energy generation, and connectivity aligned across the group. The establishment of NuEnergy reflects a growing focus on renewable energy expansion in Africa and positions NuRAN Wireless as an active player in addressing regional power challenges.
