The Board of Globeleq, the leading independent power company in Africa, and its shareholders have announced that Jonathan Hoffman, currently interim Chief Executive Officer, has been confirmed as the group’s permanent CEO.
The Board undertook a thorough and extensive search process that considered both internal and external candidates. Jonathan Hoffman joined Globeleq in 2010, was appointed Chief Development Officer in 2020, and took over as interim CEO in July 2024.
Jonathan has led the development and investment team as they have secured deals and new investments across Africa, including the recent award of Red Sands, the largest standalone battery storage project on the continent.
With over 20 years of experience in the power sector, having previously worked for ABB Energy Ventures and co-founded InfraCo, Jonathan is well-suited for the role.
Since 2015, Globeleq has nearly doubled its generating capacity in operation and under construction. In the 2020s, the group has been responsible for 43% of all utility-scale non-hydro renewable and gas IPP generation to reach financial close in Sub-Saharan Africa (excluding South Africa).
Jonathan Hoffman will now lead Globeleq through its next phase of growth, focusing on the energy transition in Southern Africa and Kenya.
The group owns and operates 12 renewable power plants across South Africa, Mozambique, and Kenya, has 485 MW in construction, and has several landmark projects in its development pipeline.
Outside Southern Africa, Globeleq will focus on its existing plants, providing vital power to local communities and industry, and generating returns for its shareholders.
Laurence Mulliez, Globeleq Chair, commented, “I am very pleased to confirm that Jonathan Hoffman is now Globeleq’s permanent CEO. Jonathan has in-depth knowledge of our people and portfolio and is ideally placed to lead Globeleq through the next period of growth. Since becoming Interim CEO last year, Jonathan has impressed the board with his commitment to the business and knowledge of our industry and partners.”
Jonathan Hoffman, Globeleq’s CEO, added, “I am thrilled to lead Globeleq’s talented team to deliver on our mission and drive the energy transition in Southern Africa. My absolute commitment is to solve problems for our customers and deliver value to our shareholders.”
Source: https://energynewsafrica.com
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