Safer Power Group

NEWS

SBM Bank in Sh2.2bn financing deal for green energy manufacturing

SBM Bank Kenya has partnered with Safer Power Group to extend USD 17 million (about Sh2.2 billion) in financing to support green energy manufacturing and the construction of a new factory. Under the deal, Safer Power, a licensed panel builder for global energy technology firm Schneider Electric, will scale up local production of power infrastructure including switchboards, control panels, synchronization…