Early Warning System

Regions

Africa

Geographic location where the impacts of the investment may be experienced.

Countries

Mozambique

Geographic location where the impacts of the investment may be experienced.

Specific Location

Namaacha, Lubombo, Boane, Hlane, Mlawula

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

US International Development Finance Corporation (DFC)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Proposed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

Central Eléctrica da Namaacha SA (GlobelEq Africa Limited, Source Energia)

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy
Technical Cooperation

The service or industry focus of the investment. A project can have several sectors.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Primary Source

Original disclosure @ DFC website

Updated in EWS Mar 25, 2024

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the DFC, the proposed Project involves the development and operation of a 120 MW greenfield wind power plant and 33.2 km transmission line, located 10 km north of
the town of Namaacha and 50 km west of Maputo. The Project consists of the installation of ~20 wind turbines, with a height of ~120 meters, which will be distributed over an area of approximately 855.12 ha.
Power will be exported via two parallel 66 kV overhead transmission lines that will run from the windfarm to the Boane Substation, with a total length of approximately 33.2 km. The last 310 meters of the transmission line will be a buried underground cable. The facility is expected to produce approximately 340 GWh per year.
The Project area does not overlap with any Legally Protected Areas, but it does overlap with the UNESCO Lubombo Biosphere Reserve and two KBAs, Namaacha KBA and Hlane - Mlawula complex KBA. There are currently nine turbines that overlap with high sensitivity areas and curtailment measures will be implemented for these turbines.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

US International Development Finance Corporation (DFC)

Investment amount not provided at the time of disclosure.

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated in the project ESIA, the activity developer is Central Eléctrica da Namaacha SA. CEN's shareholder base is Globeleq Africa Ltd (Globeleq) (formerly Globeleq Advisors Limited) in partnership with Source Energia.

Source Energia, founded in 2018, is a diversified renewable energy platform focused on the development, management, operation and maintenance of large and small scale on and off-grid projects in Lusophone Africa.

Globeleq, founded in 2002, is a company with extensive experience in the development and implementation of power projects in Africa. It currently has operational assets in Tanzania, Ivory Coast, South Africa, Cameroon and Kenya. Jointly owned by CDC Group plc (70%) and Norfund (30%) (UK and Norwegian development finance institutions), Globeleq is focused exclusively on Africa and has expertise in the development and operation of wind, solar, oil and natural gas power generation, continuing to develop renewable and conventional projects across the continent.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	Electricidade de Moçambique	Buyer	Energy
CDC Group	Parent Company	Finance	owns	Globeleq Africa Holdings Limited	Client	Energy
Norfund	Investor	Finance	invests in	Globeleq Africa Holdings Limited	Client	Energy
Source Energia	Client	Energy	contracts with	Globeleq Africa Holdings Limited	Client	Energy

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Client - Central Eléctrica da Namaacha SA:

Pedro Coutinho
Address: Millennium Park Building, Vladimir Lenine Av. 174, 13th Maputo, Mozambique
Phone: +258 (21) 321806
Email: ppcoutinho@source.capital

Parent Companies -

Globeleq Africa Limited:

Address: Oxford Corner, 2nd Floor, 32A Jellicoe Avenue, Rosebank, 2196 Johannesburg
Email: info@globeleq.com
Phone: +27 10 900 2600
Website: https://globeleq.com/

Source Energia:

Address: Av. Zedequias Manganhela, nº 267, 5º andar, Edifício JAT IV, Maputo, Moçambique
Phone: +258 21 321 806
Email: geral@sourceener gia.com
Website: https://sourceenergia.com/

Local Access to Project Documentation -

Consultec Office:

Address: Rua Tenente General Oswaldo Tazama, 169, Bairro Sommerchield, Maputo, Moçambique
Phone: +258 2149 1555 / +258 21 49 19 32 / +258 82 304 4240
Fax: +258 21 49 1578

District Offices:

Address: Estrada Nacional nº 2; CP. Nº 2, Boane, Mozambique
Phone: +258 878453335

Address: Estrada nº 2, Quarteirão nº 42, caixa postal 19, Namaacha, Mozambique
Phone: +258 873308078
Email: ganamaacha@gmail.com

ACCESS TO INFORMATION

Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia

ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)

The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability