Globeleq moves to buy majority stake in Zambian hydro company

Independent power producer Globeleq has signed a share purchase agreement with Norwegian development institution Norfund for the acquisition of a 51% equity stake in Zambia’s Lunsemfwa Hydro Power Company (LHPC). No purchase price has been disclosed, but the transaction is expected to be finalised in the second half of 2025.
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NRWDI outlines plan for new facility to store Koeberg spent fuel offsite from 2030

The National Radioactive Waste Disposal Institute (NRWDI) is moving ahead with preliminary designs for a so-called Centralised Interim Storage Facility (CISF) at the Vaalputs site in the Northern Cape to store spent fuel arising from Eskom’s Koeberg nuclear power station. While the South African Nuclear Energy Corporation, or Necsa, currently holds the licence to operate the Vaalputs radioactive waste disposal facility, NRWDI is in the process of seeking to have the licenced transferred.
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