Project Details

Project Title Lufubu Power Company Limited (Lufubu Hydropower Project)
Project Description Zambia offers an FDI opportunity in the 163 MW Lufubu Hydropower Cascade (3 plants) on the Lufubu River, Northern Province. The US$700M project will deliver stable, high-rainfall–driven generation, strengthening the national grid and supporting regional tourism and investment growth. With projected EBITDA of US$118.4M in Year 1 and a strong long-term market, Lufubu Power Company seeks a minority equity or loan partner for the 4-year construction and development program.
Project Location Mpulungu and Nsama District of Northern Province of Zambia
Lead Agency/Project Promoter Lufubu Power Company Limited
Type of investment FDI, LDI
Model of engagement Investment into Fund Structure
Project Cost US $700 million
Project Status Green Field Project – feasibility study, EIA, GID
Project Sector Energy (Production, transmission, and distribution of electricity)