Jonathan Hoffman Appointed as Permanent CEO of Globeleq to Lead Future Growth
On March 31, 2025, Globeleq, Africa's foremost independent power firm, announced the appointment of Jonathan Hoffman as its permanent Chief Executive Officer. This decision follows an extensive search process that explored both internal and external candidates. Hoffman, who previously served as interim CEO since July 2024, has been intrinsic to Globeleq’s operations since he joined the company in 2010. He first held the role of Chief Development Officer in 2020, overseeing crucial investments and project development in the African energy sector, notably the largest standalone battery storage project on the continent, named Red Sands.
The significance of Hoffman’s confirmation as CEO stems from his robust 20-year background in the power sector, with previous key positions held at ABB Energy Ventures and InfraCo, which he co-founded. His leadership has propelled Globeleq to nearly double its generating capacity since 2015, expanding its footprint in utility-scale renewable energy projects across Sub-Saharan Africa, non-South Africa inclusive, capturing 43% of all such generation to reach financial closure within the last few years of the decade.
As the newly appointed CEO, Hoffman is set to guide the company through its next chapter, which is focused on energy development in Kenya and Southern Africa. Globeleq currently manages 12 renewable powerplants situated across South Africa, Mozambique, and Kenya, with an impressive 485 MW under construction. Furthermore, the company has multiple noteworthy projects in the development stage, positioning it as a key player in the region.
In a statement regarding the appointment, Laurence Mulliez, Chair of Globeleq, expressed enthusiasm for Hoffman’s leadership, highlighting his familiarity with the organization’s operations and his potential to spearhead growth initiatives. Mulliez noted how Hoffman has consistently demonstrated a deep commitment to the company’s mission and strategic objectives since taking interim leadership last year.
Hoffman himself remarked on the honor of leading such a skilled team dedicated to their mission of advancing the energy transition in Southern Africa. He reiterated a steadfast commitment to resolving challenges for customers while ensuring profitable returns for the company’s shareholders.
Globeleq is a company with a solid backing of 70% ownership by British International Investment and the remaining 30% by Norfund. The firm has established a diverse portfolio comprising electricity generation plants, achieving a total capacity of 1,794 MW across 17 sites in seven countries. Additionally, with another 485 MW under construction and more than 2,000 MW in nascent project development, Globeleq is poised for significant future expansion and an important contributor to the region’s energy landscape. The company's focus remains not only on capitalizing growth opportunities but also on maintaining a positive impact on the communities it serves through robust energy solutions.
For more details about Globeleq and its initiatives, interested parties can visit their official website at www.globeleq.com.