News

GLOBELEQ BOARD APPOINTS RICK MENELL AS THE NEW CHAIR
08 Aug 2025

Globeleq Limited Board announced that Laurence Mulliez resigns as Chair and appoints Rick Menell

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