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Globeleq
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Globeleq

http://www.globeleq.com/
Last activity: 10.10.2025
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Categories: AfricaTechConstructionDevelopmentGrowthIndustryInterestITManagementOfficeUtilities
Globeleq is powering Africa's growth through the development and operation of utility scale power plants across the continent.

Founded in 2002, Globeleq has become a power industry leader by operating or acquiring interest in multiple power facilities across the world. Now with its focus on the African continent, the company’s experience in implementing an array of generating technologies in different geographic locations, provides Globeleq with a unique perspective and strong foundation for developing new capacity.

Under the ownership of shareholders CDC (70%) and Norfund (30%), the cornerstone of our strategy is to be the trusted, reliable and committed partner of choice within the African IPP industry. We will achieve this by adding significant MWs of new power generation over the next decade while positively contributing and impacting the communities in which we operate.

With the support and expertise of our staff operating out of our London head office, our regional offices in Nairobi, Cape Town, and Doula, and our eight power plants located in Tanzania, South Africa, Côte d’Ivoire, Cameroon and Kenya, we currently generate approximately 1,300 MW, and have another 2,000 MW in development.
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Mentions
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Location: United Kingdom, England, London
Employees: 501-1000
Total raised: $72M
Founded date: 2002

Investors 1

DateNameWebsite
-British In...bii.co.uk

Funding Rounds 1

DateSeriesAmountInvestors
15.12.2022-$72M-

Mentions in press and media 11

DateTitleDescription
10.10.2025ZimZam 2025: Driving Investment Partnerships for Southern Africa’s Power DevelopmentSouthern Africa’s most influential energy and investment leaders will gather at the Zimbabwe–Zambia Energy Projects Summit (ZimZam) on 26–28 November 2025, in Livingstone, Zambia LIVINGSTONE, ZAMBIA – EQS Newswire – 10 October 2025 – ZimZam...
05.04.2024Massive SA grid battery project gets ‘preferred status’A 153MW/612MWh standalone battery energy storage system – the largest in Africa – has won “preferred bidder” status under a government procurement programme. Globeleq said the Red Sands project in the Northern Cape has been awarded preferre...
22.06.2023High costs stall urgently needed renewable energy projectsSouth African renewable energy projects selected over a year ago to add generation from private producers and help end electricity shortages are struggling to reach financial close due to an escalation in costs, according to one of the deve...
16.08.2016The latest from Africa’s largest independent power producerIn 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct control of Globeleq Africa, the largest independent power producer on the continent. One of the main aims of the investment is to add thousands ...
16.08.2016The latest from Africa’s largest independent power producerIn 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct control of Globeleq Africa, the largest independent power producer on the continent. One of the main aims of the investment is to add thousands ...
16.08.2016The latest from Africa’s largest independent power producerIn 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct control of Globeleq Africa, the largest independent power producer on the continent. One of the main aims of the investment is to add thousands ...
21.09.2015Globeleq Announces New Board and CEOGlobeleq, a CDC investee and the leading independent power producer (IPP) in sub-Saharan Africa, has announced the appointment of a new Chairman, CEO and other Board positions.
21.09.2015Globeleq Announces New Board and CEOGlobeleq, a CDC investee and the leading independent power producer (IPP) in sub-Saharan Africa, has announced the appointment of a new Chairman, CEO and other Board positions.
21.09.2015Globeleq Announces New Board and CEOGlobeleq, a CDC investee and the leading independent power producer (IPP) in sub-Saharan Africa, has announced the appointment of a new Chairman, CEO and other Board positions.
-Globeleq“Globeleq Powering Africa's Growth”
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