Independent power company Globeleq has entered a share purchase agreement (SPA) with Norwegian investment fund Norfund to acquire a 51% equity stake in Zambia’s Lunsemfwa Hydro Power Company (LHPC).

Globeleq and African Rainbow Energy have advanced the development of the 153 MW/612 megawatt hours (MWh) Red Sands battery energy storage system (BESS) in South Africa. The parties have reached ...

Globeleq has delayed linking its 35 megawatt (MW) plant to the national grid, in what looks set to derail efforts to ease supply constraints that have triggered power rationing.The British clean ...

London-based Globeleq has acquired a 48.3% stake in the 25 MW Winnergy solar plant in Egypt’s Benban Solar complex. It will now cooperate on the management of assets and the operation of the facility ...

25 April 2006 — Globeleq announced today that it has issued notice to begin construction of the first unit of the two-unit, 336 MW Kallpa power plant near Lima, Peru. The new, natural gas-fired ...

Globeleq, a London-based emerging markets power company owned by CDC Group (managed by the emerging market investor Actis), has acquired the 44 MW Eolo wind project in Nicaragua, which is in the final ...

Five years ago, Mike Scholey joined Globeleq. Today, he heads the British power plant operator, an independent power producer (IPP) exclusively active in Africa. Scholey, appointed in October 2019 to ...

The power plant is delivering enough clean and renewable power to supply approximately 250,000 residential customers and will avoid 44,500 tons of CO2-equivalent emissions annually. Made up of 157,000 ...

6 July 2006 – Globeleq, the emerging markets power company, announced this week the completion of the purchase of power assets in Pakistan and Bangladesh from El Paso Corporation. El Paso received ...

The project, located in the Suez Canal Economic Zone, will be focused on green ammonia fertilisers with a first phase of 100MW electrolysers. Image: Globeleq. Africa-focused independent power producer ...

Globeleq’s first geothermal project in Kenya is set for launch in the first quarter of 2023, “once its financing has closed,” according to the 70% British-Norwegian-owned company.

Globeleq (http://www.globeleq.com) the leading independent power producer (IPP) in sub-Saharan Africa today announces the appointment of a new Chairman CEO and other ...