Our mission is Powering Africa’s Growth.
Our vision is to:
- Become the power sector leader and partner of choice across Africa.
- To deliver 5GW of new low carbon capacity by 2032; and
- Include at least one transformational game-changer project.
To achieve our Mission and Vision, Globeleq will:
Dedicate resources for greenfield development and continue to develop and grow the pipeline
- Focus on a small set of target countries and reduce development activities in small and challenging markets where expenditure will not translate to near-term value.
- Continue to capitalise the existing portfolio; extracting value through financial restructuring, refinancing, PPA extensions, and expansions.
- Undertake larger and more complex projects (game changers) with greater capital deployment and higher returns (e.g. green H2/ammonia, water desalination with renewables, coal repowering)