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.
Location: United Kingdom, England, London
Employees: 501-1000
Total raised: $72M
Founded date: 2002
Investors 1
Date | Name | Website |
- | British In... | bii.co.uk |
Funding Rounds 1
Date | Series | Amount | Investors |
15.12.2022 | - | $72M | - |
Mentions in press and media 9
Date | Title | Description | Source |
05.04.2024 | Massive SA grid battery project gets ‘preferred status’ | A 153MW/612MWh standalone battery energy storage system – the largest in Africa – has won “preferred... | techcentra... |
22.06.2023 | High costs stall urgently needed renewable energy projects | South African renewable energy projects selected over a year ago to add generation from private prod... | techcentra... |
16.08.2016 | The latest from Africa’s largest independent power producer... | In 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct cont... | cdcgroup.c... |
16.08.2016 | The latest from Africa’s largest independent power producer... | In 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct cont... | bii.co.uk/... |
16.08.2016 | The latest from Africa’s largest independent power producer... | In 2015, CDC and Norfund – the Norwegian investment fund for developing countries – took direct cont... | bii.co.uk/... |
21.09.2015 | Globeleq Announces New Board and CEO | Globeleq, a CDC investee and the leading independent power producer (IPP) in sub-Saharan Africa, has... | bii.co.uk/... |
21.09.2015 | Globeleq Announces New Board and CEO | Globeleq, a CDC investee and the leading independent power producer (IPP) in sub-Saharan Africa, has... | bii.co.uk/... |
21.09.2015 | Globeleq Announces New Board and CEO | Globeleq, a CDC investee and the leading independent power producer (IPP) in sub-Saharan Africa, has... | cdcgroup.c... |
- | Globeleq | “Globeleq Powering Africa's Growth” | fastfounde... |