Globeleq to acquire a majority in Zambian renewables firm
Globeleq has signed a share purchase agreement with Norfund to acquire a 51% stake in Zambia's Lunsemfwa Hydro Power Company (LHPC).LHPC operates two hydro plants totalling 56MW and is building a 20MW solar PV project in Kabwe, Central Province. The company sells power to Zambia Electricity...