Globeleq acquires majority stake in Zambia’s Lunsemfwa Hydro Power Company
Globeleq has completed the acquisition of a 51% equity stake in Lunsemfwa Hydro Power Company (LHPC) from Norfund, the Norwegian development finance institution. The remaining 49% of LHPC is held by Wanda Gorge Investments. The transaction marks Globeleq’s …