Copperbelt Energy Corporation Plc

📍 Kitwe, Zambia🗓 Founded 1997👥 436 employees💰 Last funded 2009
CEC is an independent power distribution and transmission business based in the Copperbelt Province of Zambia. CEC is a member of the Southern African Power Pool and listed on the Lusaka Stock Exchange. We operate an interconnector with the Democratic Republic of Congo (DRC), through which power is wheeled to Zambia, Zimbabwe and South Africa. We are committed to supplying reliable energy and high-quality services to meet our customers’ unique and changing needs efficiently and proactively, and increase value for our shareholders. CEC’s strategy is to: - grow and diversify its business by pursuing viable opportunities in the energy sector; - play a role in observing and shaping the present and future business environment for the benefit of the Company, its customers, and its suppliers; - develop strategic partnerships with technical and financial resources to realise a shared vision of energy infrastructure development in Zambia and surrounding territories. Factors that drive growth in CEC’s core business including: - expansion of mining activities by CEC’s existing mine customers; - connection of new mines and other mining-related businesses under planning; - domestic wheeling growth from expanding residential, industrial and commercial loads on the Copperbelt; - power trading involving CEC’s owned international Interconnector between Zambia and DRC. Our key strengths:- - More than 60 years of supplying power to the mines; - Over 1,000 kilometres of 220kV and 66kV transmission lines; - Circa 700 kilometres of optic fibre on power lines; - 42 high voltage substations and dedicated control centre; - 80MW embedded thermal generation; - Power transmission for national utilities – Zambia and DRC; - Co-owns and operates the Zambia – DRC Interconnector lines (DRC part-owned by DRC national utility, SNEL); - Accounts for over 50% of power consumed in Zambia; - Certified biodiesel producer (900,000mt litres per annum capacity); and - Track record of success.
1
Total investors
0
Early stage
0
Mid stage
0
Late stage
1997
Founded
Investor geography1 country
United Arab Emirates
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Frequently asked questions
Who invested in Copperbelt Energy Corporation Plc?
Copperbelt Energy Corporation Plc has 1 investors on record on gritt.io.
When did Copperbelt Energy Corporation Plc last raise funding?
The most recent investment in Copperbelt Energy Corporation Plc recorded on gritt.io was in 2009.
When was Copperbelt Energy Corporation Plc founded?
Copperbelt Energy Corporation Plc was founded in 1997.
What industry is Copperbelt Energy Corporation Plc in?
Copperbelt Energy Corporation Plc operates in Electric Power Transmission, Control, and Distribution. Find similar Electric Power Transmission, Control, and Distribution investors on gritt.io.
Where is Copperbelt Energy Corporation Plc based?
Copperbelt Energy Corporation Plc is headquartered in Kitwe, Zambia.