Globeleq
Company description
Globeleq is an experienced operating power company, actively developing energy projects for the emerging markets of Africa and the Americas. The company develops economically sustainable businesses that support the continued development of the electric power sector in these regions and actively participates in the communities in which it operates.
The company was launched in 2002 when the UK's CDC Group contributed both equity capital and a portfolio of power assets to the new enterprise. Over the next 5 years, Globeleq became a power industry leader in the emerging markets by operating or acquiring an interest in multiple power facilities totaling nearly 4,000 MW of generation capacity in more than 20 countries.
Company details
Participation in projects
Projects as Project Owner per Country ()
Projects as Project Owner per Subsector ()
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The company has not participated in any projects.
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Company updates
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December 16, 2022
Globeleq signs financing agreement for 35 MW geothermal project in Nakuru County
Globeleq has signed a US$72 million in debt financing with African Development Bank (AfDB), Finnfund, and the Eastern and Southern African Trade & Development Bank (TDB) for the 35 MW Menengai geo...
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November 22, 2022
Framework Agreement signed for 3.6 GW Hydrogen project in Egypt
Globeleq has signed a Framework Agreement to develop a large-scale green hydrogen facility within the Suez Canal Economic Zone, Egypt.
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September 20, 2022
RFP issued for 50 MW Scaling Solar PV Project in Sokodé
The government of Togo through the Togolese Agency for Rural Electrification and Renewable Energy has issued a Request for Proposals for the nine qualified bidders to deliver a 50 MW solar PV facility...
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January 26, 2022
Globeleq starts commercial operation of 40 MW Malindi solar project
Globeleq, an Africa-focused independent power producer (IPP), has started the commercial operation of its 40 MW/52 MWp solar photovoltaic project in Kenya. The project has contracted the energy...
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December 16, 2021
Globeleq and partners secure financial close for Central Termica de Temane power project
Globeleq, Africa's leading independent power company and its partners, Electricidade de Moçambique, E.P. (EDM), and Sasol, have achieved the financial close of its planned Central Termica de Te...
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November 30, 2021
Côte d’Ivoire prequalifies nine bidders for 60 MW Solar Scaling Project
The Government of Côte d’Ivoire, through the Ministry of Mines, Oil and Energy (Ministère des Mines, du Pétrole et de L’Energie) and Côte d’Ivoire Energies...
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October 20, 2021
Globeleq completes acquisition of 66 MWp solar project in Benban
Independent power producer (IPP) Globeleq has completed the acquisition of a 66 MWp solar photovoltaic facility located within the Benban PV complex in Egypt. The project was developed through t...
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June 22, 2021
Globeleq begins construction of 19 MWp Cuamba Solar PV plant and storage project in Tetereane District
Globeleq and its project partners, Source Energia and Electricidade de Moçambique (EDM) have started the construction of the 19 MWp (15 MWac) Cuamba Solar PV plant and a 2 MW (7 MWh) energy sto...
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January 24, 2020
Globeleq, Togo sign agreement for renewables project development
Globeleq, the leading independent power producer in sub-Saharan Africa, has signed a joint development agreement with the Togolese government to develop a utility-scale renewable energy project. Unde...
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August 15, 2019
IFC arranges financing for the expansion of Azito Power Plant in Côte d’Ivoire
IFC, a member of the World Bank Group, has arranged the financing for the expansion of the Azito thermal power plant (Azito Phase 4) in Côte d’Ivoire. Azito Phase 4 will add to the existi...
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