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,