Globeleq makes entry into Zambian market with hydropower acquisition

Independent power producer Globeleq has announced the completion of its acquisition from Norfund of a 51% equity stake in Zambia’s Lunsemfwa Hydro Power Company (LHPC). The remaining 49% of LHPC is owned by Wanda Gorge Investments, a Zambian-based infrastructure investment company.

Mar 3, 2026 - 18:45
Independent power producer Globeleq has announced the completion of its acquisition from Norfund of a 51% equity stake in Zambia’s Lunsemfwa Hydro Power Company (LHPC). The remaining 49% of LHPC is owned by Wanda Gorge Investments, a Zambian-based infrastructure investment company.

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