News

Globeleq’s Red Sands Battery Energy Storage Project Reaches Financial Close
01 Jul 2025

Globeleq and its project partner, African Rainbow Energy, have reached financial close on the 153MW/612MWh Red Sands BESS

Africa’s Largest Standalone Battery Energy Storage Project Powers Ahead as Globeleq’s Red Sands BESS Reaches Commercial Close
27 Jun 2025

Globeleq and its project partner African Rainbow Energy have reached commercial close on the 153MW / 612 MWh Red Sands BESS project in South Africa

Globeleq & ATIDI Finalise the RLSF Agreement for the Menengai Geothermal Project
20 Jun 2025

Globeleq & ATIDI finalise the Liquidity Support Agreement for the 35MW Menengai Geothermal Project in Kenya.

Globeleq Signs SPA with Norfund to Acquire a Majority Stake in the Lunsemfwa Hydro Power Company in Zambia
19 Jun 2025

Globeleq signs a share purchase agreement with Norfund for the proposed acquisition of a majority stake in Zambian entity, Lunsemfwa Hydro Power Company

AfDB Fund approves $43.6 million for 120 MW Mozambique transmission line
22 May 2025

The Board of Directors of the AfDB Group has approved $43.6 million in financing for the construction of the Namaacha–Boane Transmission Line

JONATHAN HOFFMAN CONFIRMED AS CHIEF EXECUTIVE
31 Mar 2025

The Board of Globeleq and its shareholders announce that the current interim CEO, Jonathan Hoffman, has been appointed as the Group's permanent CEO,

AZITO ENERGIE – CHANGE OF MANAGING DIRECTOR
05 Mar 2025

The Directors of Azito Energie are pleased to announce the appointment of Mr. Hippolyte Aka as the Managing Director of Azito Energie from 1st March 2025.

GLOBELEQ LAUNCHES 2023 SUSTAINABILITY REPORT
18 Jun 2024

Globeleq, the leading independent power producer in Africa, has released its 2023 Sustainability Report.

Change of Chief Executive Officer
29 Apr 2024

Jonathan Hoffman has been appointed interim Chief Executive Officer of Globeleq, replacing Mike Scholey who is stepping down from Globeleq at the end of June.

GLOBELEQ ACQUIRES THE 25 MWp WINNERGY SOLAR PV PLANT IN EGYPT
23 Apr 2024

Globeleq has completed the acquisition of a 48.3% equity stake in the 25 MWp Winnergy solar PV plant in Egypt