# Globeleq: Utilities, London, United Kingdom

> Globeleq: Globeleq is a leading independent power producer in Africa, focused on developing, owning, and operating utility-scale power plants.

Source: https://millionrounds.com/startup/globeleq (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Utilities startup](https://millionrounds.com/companies)

# Globeleq

Globeleq is a leading independent power producer in Africa, focused on developing, owning, and operating utility-scale power plants.

Email

Funding reported Last round: Debt financing

Utilities London, United Kingdom

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Company summary

- **Founded:** 2002 24 years old
- **Team:** 700 201 to 1,000 people
- **Funding reported:** 581.3M as listed, currency not stated
- **Last round:** Debt financing Jan 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Globeleq has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Globeleq

Globeleq is a leading independent power producer in Africa, focused on developing, owning, and operating utility-scale power plants.

Founded in 2002 in London, the company has exclusively operated in Africa since 2015, with a strong commitment to the clean energy transition. Globeleq is majority-owned by British International Investment and has a significant operational presence across several African countries, including Cameroon, Côte d’Ivoire, Egypt, Kenya, Mozambique, South Africa, and Tanzania. The company operates approximately 1,794 MW across 17 power plants and is currently constructing an additional 485 MW. Globeleq utilizes a variety of technologies for power generation, including wind, solar PV, hydro, geothermal, and thermal generation. It is also exploring emerging projects in green hydrogen, ammonia, and desalination. With nearly 2,000 employees, Globeleq plays a vital role in enhancing Africa's energy infrastructure and supporting sustainable development.

## What company datasets say Globeleq raised

Funding, as reported

Reported in all **581.3M** in the source's currency

Rounds **11**

Last round **Debt financing**

Last round size **227M**

Last round date **Jan 2024**

Investors listed **4**

## On a portfolio page

Investors who name them

- [Serra de Estrela Investments Ltd](https://millionrounds.com/fund/serra-de-estrela-investments-ltd)

Each firm lists Globeleq on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

energy development utility-scale solar power project construction clean energy & technology customer engagement off-grid solutions power plant epc africa power market energy infrastructure distribution electric power generation energy storage environmental stewardship financial investment utilities construction

Built with from their website

Microsoft Azure Monitor Google Tag Manager Amazon CloudFront Graphy WordPress.org Siemens PROFIBUS YouTube CloudFlare Gem Viewport Meta

+8 more

CookieYes Vite IFS Fortinet FortiGate SentenceTransformers Akismet VMware Excel4Apps

- **Sector:** Utilities
- **Industry code:** NAICS 221111, 221112, 221114, 221115, 221116, SIC 4911
- **Region:** England
- **Revenue:** 146.3M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/globeleq)

## Utilities in United Kingdom

Startups like it

- [**tem** London · founded 2021 *Raised*](https://millionrounds.com/company/tem)
- [**Tonik Energy** Birmingham · founded 2015 *Raised*](https://millionrounds.com/company/tonik-energy)
- [**Inflowmatix** Southampton · founded 2015 *Raised*](https://millionrounds.com/company/inflowmatix)
- [**be.ev** founded 2019](https://millionrounds.com/startup/be-ev)
- [**Connected Kerb** London · founded 2017](https://millionrounds.com/startup/connected-kerb)
- [**i2O** Southampton · founded 2005](https://millionrounds.com/startup/i2o)
- [**UrbanChain** Manchester · founded 2017](https://millionrounds.com/startup/urbanchain)
- [**Love Energy Solutions** Bolton · founded 2007](https://millionrounds.com/startup/love-energy-solutions)

## Is this your company?

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