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Last updated on April 18, 2014 at 6:54 EDT

Latest Globeleq Generation Limited Stories

2013-02-21 08:24:51

LONDON, Feb. 21, 2013 /PRNewswire/ -- Globeleq Generation Limited (Globeleq), the emerging markets power company, celebrated the official start of construction of three renewable energy projects in South Africa during February. The projects include the 138 MW wind farm at Jeffreys Bay on the Eastern Cape and 2 x 50 MWp solar photovoltaic (PV) facilities located in the Northern Cape. All projects are expected to be operational in mid 2014. (Logo:...

2012-11-13 04:20:33

LONDON, Nov. 13, 2012 /PRNewswire/ -- Globeleq Generation Limited (Globeleq), the emerging markets power company, has reached financial close for its three renewable energy projects in South Africa - the 138 megawatt (MW) Jeffreys Bay Wind Farm on the Eastern Cape; the 50 MW photovoltaic (PV) solar farm in De Aar and the 50 MW PV solar farm in Droogfontein, both in the Northern Cape. Construction is expected to commence shortly and all projects should be fully operational by mid 2014....

2012-10-22 03:20:15

LONDON, Oct. 22, 2012 /PRNewswire/ -- Globeleq Generation Limited (Globeleq), the emerging markets power company, announces the signature of financing for the 139 MW expansion of its existing 288 MW Azito gas-to-power plant near Abidjan, Cote d'Ivoire. (Logo: http://photos.prnewswire.com/prnh/20040611/DAF004LOGO ) Construction is expected to commence shortly, and to be completed in just over two years. The project was financed on a limited recourse basis with 80% of the funding provided...

2012-04-24 22:20:12

LONDON, April 25, 2012 /PRNewswire/ -- Globeleq Generation Limited (Globeleq), the emerging markets power company, announced the acquisition of the 44 MW Eolo wind project in Nicaragua further establishing the company as the leading renewable energy company in the Central American region. (Logo: http://photos.prnewswire.com/prnh/20040611/DAF004LOGO) Through Globeleq's majority owned subsidiary, Globeleq Mesoamerica Energy (Wind) Limited (GME Wind), the company has purchased 100% of the...

2012-02-24 03:00:00

LONDON, Feb. 24, 2012 /PRNewswire/ -- On February 22, Globeleq Generation Limited (Globeleq), the emerging markets power company, celebrated the inauguration of Honduras' first wind farm and the largest in the Central American region. The 102 MW Cerro de Hula (CdH) facility started commercial operation in December 2011. The project was implemented by Globeleq Mesoamerica Energy (GME) which is 70% owned by Globeleq and 30% owned by Mesoamerica Power, a group of Central American...

2011-10-14 18:07:00

LONDON, Oct. 14, 2011 /PRNewswire/ -- Globeleq Generation Limited, the emerging markets power company, announced its subsidiary Azito Energie SA has signed an amended Concession Agreement with the Government of Cote d'Ivoire to expand the 288 MW Azito power plant near Abidjan. The existing Azito plant sells power under a 24 year Concession Agreement with the Government. The expansion, which converts the power plant to a more efficient combined cycle plant by adding a steam cycle to the...

2010-11-08 04:00:00

LONDON, Nov. 8, 2010 /PRNewswire/ -- Globeleq Generation Limited, the emerging markets power company, announced the Cerro de Hula (CdH) wind energy plant in Honduras has reached financial close and that formal notice to proceed with construction has been issued. Globeleq's majority owned subsidiary, Energias Renovables de Mesoamerica S.A. (known as Mesoamerica Energy) the owner, operator and leading developer of wind projects in Central America has been developing the 102 MW CdH wind...

2010-11-01 06:30:00

LONDON, Nov. 1, 2010 /PRNewswire/ -- Globeleq Generation Limited, the emerging markets power company, announced it has substantially increased its ownership to obtain a majority interest in the Azito gas-fired power plant near Abidjan in Cote d'Ivoire. Earlier in the year, Globeleq signed agreements with EDF Group and ABB Equity Ventures to pursue acquisition of both entities' shareholdings in Azito. The transaction was successfully completed after the necessary regulatory, legal and...

2010-06-01 08:27:00

LONDON, June 1 /PRNewswire/ -- Globeleq Generation Limited, the emerging markets power company, has signed an agreement with ABB Equity Ventures B.V. to acquire additional interest in the Azito gas-fired power plant near Abidjan in Cote d'Ivoire. Earlier in the year, Globeleq signed an agreement with the EDF Group to acquire its shareholding in Azito. The company has agreed to acquire ABB's 32.85% interests in Azito Energie, including its 50% interest in the related operating company...

2010-04-16 03:00:00

LONDON, April 16 /PRNewswire/ -- Globeleq Generation Limited, the emerging markets power company, has signed with the EDF Group an agreement to acquire an additional interest in the Azito gas-fired power plant near Abidjan in Cote d'Ivoire. The company has agreed to acquire EDF Group's 32.85% interests in Azito, including its 50% interest in the related operating company responsible for the operation and maintenance of the plant. The facility generates approximately 290 MW and supplies...