Company profile
Globeleq Kafue Solar Limited
Globeleq Kafue Solar Limited is a Zambia-based special purpose vehicle specialising in utility-scale solar power generation. Incorporated in Zambia to develop the Kafue Solar Project near Kafue Town in Lusaka Province, the company will own and operate two co-located 20 MWac solar plants (56 MWp in total) and a transmission line to the Kafue Town substation, selling power to ZESCO under a 25-year power purchase agreement. The project was awarded under the GET FiT Zambia Programme.
- Sector
- Financial services / Investment Holding & SPVs
- Markets
- Zambia
- Ownership
- Private
- Capital raised
- $52.1m
- Business model
- B2B Transactional
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 30 Sep 2026 | FMO and BII invest USD 52.1 million in the Kafue Solar Project, a 40 MWac (56 MWp) solar photovoltaic power plant near Kafue Town, Lusaka Province, Zambia | Private Credit, Infrastructure & Project Finance | $52.1m | Zambia |
Source: Partner Researchers.