Lekela Power Explained

Lekela Power
Type:	Private
Location:	Amsterdam, Netherlands
Industry:	Electric power generation
Products:	Electricity

Lekela Power B.V. is an independent power producer (IPP) company based in the Netherlands, with investments on the African continent. The firm specializes in renewable energy sources (primarily wind). As of July 2022, the firm has seven operational wind power plants in three countries, with another three renewable power stations under development. At that time, its total portfolio of power stations totaled over 1,000 MW (1 Gigawatt), in generation capacity.^{[1] [2] [3]}

Location

Lekela maintains its headquarters in Amsterdam, Netherlands. The company also maintains offices in London, United Kingdom, Cairo, Egypt and Dakar, Senegal.^[4]

Overview

The firm was established in 2015. As of July 2022, it owns, either directly or with others, a generation portfolio of over 1 Gigawatt of generation capacity, including five wind farms in South Africa (624MW); one in Egypt (252MW) and one in Senegal (159MW).^[1] At that time, the firm was also evaluating development possibilities in Ghana, Egypt and Senegal.^[2]

Ownership

Between 2015 and 2022 the shareholding in Lekela Power B.V. was as illustrated in the table below:^{[1] [2] [3]}

Shareholding In Lekela Power B.V. (2015 - 2022)! Rank !! Shareholder !! Domicile !! Percentage !! Notes

1
2
	Total

• Note: Mainstream Renewable Power Africa Holdings is a consortium in which the largest investor is Mainstream Renewable Power.^{[1] [2]}

In July 2022, the owners of the firm signed definitive sales agreements to relinquish ownership and transfer shareholding to Infinity Energy, a company based in Cairo, Egypt and Africa Finance Corporation, a development finance institution, based in Lagos, Nigeria.^{[1] [2] [3]}

The sales price is reported to be approximately US$1.5 billion. The deal is expected to close during the fourth quarter of 2022, following the requisite regulatory approvals.^{[1] [2] [3]}

Power stations

The table below illustrates the power stations in Lekela Power's generation portfolio as of July 2022. The list is not all inclusive.^{[1] [2] [3]}

Partial List of Power Stations Owned and Operated By Lekela Power! Rank !! Power Station !! Country !! Capacity (MW)!!% Owned!! Notes

1					^[5]
2	Noupoort Wind Power Station	South Africa			^[6]
3	Khobab Wind Power Station	South Africa			^[7]
4	Loeriesfontein 2 Wind Power Station	South Africa
5					^[8]
6	West Bakr Wind Power Station				^[9]

See also

• Energy in Africa

External links

• Official Website

Notes and References

1. Web site: Mainstream and Actis sign deal to sell Africa-based Lekela Power . Power-Technology.com . 19 July 2022 . Power Technology News . 21 July 2022 . New York City.
2. Web site: Lekela Power will be sold in a bid to accelerate the energy transition . ESI-Africa . 18 July 2022 . Nasi Hako . 21 July 2022 . Cape Town, South Africa.
3. Web site: Africa: Actis confirms sale of renewable energy producer Lekela Power . 19 July 2020 . Jean Marie Takouleu . 21 July 2022 . Paris, France.
4. Web site: Contact Locations of Lekela Power B.V. . 20 July 2022 . Lekela Power B.V. . 20 July 2022 . Lekela Power . Amsterdam, Netherlands.
5. Web site: Afrik21.africa . South Africa: Lekela adds 140 MW to the grid from Kangnas wind farm . 18 November 2020 . Jean Marie Takouleu . 21 July 2022 . Paris, France.
6. Web site: July 2016 . Profile of Noupoort Wind Power Station, South Africa . Lekela Power B.V. . 21 July 2022 . Lekela Power . Amsterdam, Netherlands.
7. Web site: 10 June 2022 . UAE-Egypt Consortium to Purchase Lekela Power . Energycapitalpower.com . 21 July 2022 . Energy Capital & Power . Cape Town, South Africa.
8. Web site: First turbine erected at Taiba N'Diaye wind farm in Senegal . 30 July 2019 . Construction Review Online . Linus Kemboi . 21 July 2021 . Nairobi.
9. Web site: 30 November 2021 . Egypt: West Bakr wind farm goes into operation after nearly 2 years of construction . Afrik21.africa . 21 July 2022 . Jean Marie Takouleu . Paris, France.