Lagos— 26th March 2021: Starsight, the leading Commercial and Industrial (“C&I”) solar power provider in West Africa, presented its 2020 Sustainability Award to FCMB for achieving 100 sites with installed sustainable power, storage, and cooling solutions. This milestone marks a significant achievement for Starsight, FCMB, and the Nigerian C&I market.
Starsight has completed over 500 sites in Nigeria since 2015. The company currently has 41 MW of installed generating capacity, 33 MWh of storage, and 16,320 HP in cooling capacity across Nigeria and Ghana, with new markets anticipated to come online in 2021.
FCMB has been a Starsight client for six years and has benefited from Starsight’s end-to-end power and cooling services at 110 of its branches across Nigeria. With power and cooling installations in place at the majority of their Nigerian branches, FCMB is now benefitting from Starsight’s end-to-end service commitment and system management expertise.
Teme Jack, Head for SME Sales for Starsight, said, “our SME team worked closely with FCMB to facilitate a widescale deployment of Starsight’s best-in-class solar and cooling solutions across their Nigerian branches. We look forward to exploring more opportunities to serve other companies within the FCMB group moving forward.”
Felicia Obozuwa, the Division Head of Corporate Services at FCMB, commented, “the journey with Starsight started in 2015 and has grown over the years. FCMB applauds Starsight’s efficient solar solution which has helped us achieve our sustainability goals. We have faith in Starsight deploying to our sites especially because of their excellent after-sales service. We look forward to engaging Starsight with more businesses to improve energy reliability in our other buildings.”
Tony Carr, Starsight’s CEO, added, “we are proud of our long-term relationship with FCMB and applaud their commitment to sustainability. Starsight’s solutions have provided FCMB with 99.99% uptime allowing them to focus on their core business of banking. We deeply value our long-term clients like FCMB and we are thankful for the backing from our equity investors Helios Investment Partners and Africa Infrastructure Investment Managers and debt investors Norfund and Finnfund, which allows us to establish and expand these long-term relationships.”
ABOUT STARSIGHT
Founded in 2015, Starsight is the leading West African Commercial & Industrial (C&I) energy-as-a-service provider. It has deployed 41 MW of installed generating capacity, 33 MWh of storage, and 16,320 HP in cooling capacity across 545 sites in all Nigerian states and Ghana. The Company’s team of highly experienced professionals provides power solutions to a diverse clientele, including banks, gas stations, schools, and large commercial agricultural companies. Starsight’s proprietary smart technology optimizes energy consumption enabling customers to significantly reduce energy costs and boost profitability without incurring any upfront expense. Starsight delivers an end-to-end service, starting with assessing a client’s energy needs to the installation and maintenance of a renewable energy solution. This is then followed by ongoing technical support. Starsight’s long-term relationships with its blue-chip clients reflect the quality of its in-house engineering, procurement, and construction services, along with the reliability of its operations, maintenance, and customer service. Together these provide customers with the peace of mind that all their power-related issues are in trustworthy hands.
Starsight has consistently maintained the highest ESG credentials and continues to reduce its customers’ carbon footprint and harmful diesel emissions. The Company is backed by Helios Investment Partners and Africa Infrastructure Investment Managers.
Nigeria: +234 (0) 809 489 7800
Ghana +233 (0) 200 511 100
ABOUT FCMB
First City Monument Bank (FCMB) Limited, with over 200 branches spread across Nigeria, is a member of FCMB Group Plc. The Group is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments. Having successfully transformed to a retail banking and wealth management led group, FCMB expects to continue to distinguish itself through innovation and the delivery of exceptional services in line with its values of Execution, Professionalism, Innovation and Customer-focus (EPIC).
www.fcmb.com
Head Office Phone Number: +234 (0) 12793030