Globeleq is solely focused on safely providing more reliable power in the emerging markets of Africa, the Americas, and Asia. The company is actively pursuing new development opportunities in its target markets.
Globeleq was formed in 2002 when CDC Group plc, the UK-based private equity investor in emerging markets, contributed both equity capital and its portfolio of power assets to the new enterprise. CDC, Globeleq's sole shareholder, has $3 billion in net assets. Its investment in Globeleq is managed by Actis, the private equity fund manager specializing in emerging markets.
