• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, October 25, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Globeleq Relinquishes GPSN Equity To Clean Energy Holdings

by Chika Izuora
3 years ago
in Business
Globeleq
Share on WhatsAppShare on FacebookShare on XTelegram

Globeleq, Africa’s leading independent power company, said that after a review of its strategy and portfolio, its ownership interest in Globeleq Power Solutions Nigeria (GPSN) has been transferred to Clean Energy Holdings Limited (CEHL).

Advertisement

A statement by the director of Communications and Government Relations, Globeleq, George Cazenove, stated that the transfer relates to a group of assets which serve commercial and industrial customers mostly in the South-West of Nigeria.

He stated that Globeleq and CEHL have worked closely together to complete the transfer, with minimal disruption to the GPSN business and its customers.

Advertisement

Globeleq is the leading developer, owner and operator of electricity generation in Africa. Since 2002, its experienced team of professionals have built a diverse portfolio of independent power plants, generating more than 1,500MW in 14 locations across six countries.

It has a further 722 MW in construction and more than 2,000 MW of power projects in development including further opportunities in Nigeria.

On the other hand, the Clean Energy Group is a pioneer in the development of sustainable energy delivery in the Nigerian market with significant investments in natural gas utilization and solar hybrid installations.

RELATED NEWS

Nigerian Business Leaders To Lead 2025 Africa-Caribbean Trade Summit

‘Nigeria’s Luxury Market Globally Competitive In Creativity’

Aviation Expert Warns of Looming Monopoly in Nigeria’s Jet Fuel Market

Customs Unveil e-Platform, Target End To Vehicle Smuggling

CEHL has delivered over 450 MW of power plants in the past 20 years in multiple locations throughout Nigeria.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Nigerian Business Leaders To Lead 2025 Africa-Caribbean Trade Summit
Business

Nigerian Business Leaders To Lead 2025 Africa-Caribbean Trade Summit

19 hours ago
‘Nigeria’s Luxury Market Globally Competitive In Creativity’
Business

‘Nigeria’s Luxury Market Globally Competitive In Creativity’

19 hours ago
Aviation Expert Warns of Looming Monopoly in Nigeria’s Jet Fuel Market
Business

Aviation Expert Warns of Looming Monopoly in Nigeria’s Jet Fuel Market

19 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

JUST-IN: Gombe Loses Commissioner, Police Orderly In Car Accident

6 hours ago

Boma Prize For Africa Returns To Spotlight Youth Innovation, Social Impact

6 hours ago

LASTMA Busts ‘One-Chance’ Gang, Recovers 77 Stolen Phones In Lagos Raid

6 hours ago

Rear Admiral Idi Abbas: Chemist, Seaman — Untold Story Of Nigeria’s 25th Chief Of Naval Staff

7 hours ago

Tinubu Tasks New Service Chiefs On Professionalism, Vigilance, Unity

7 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.