Umlimi Trading Limited: Umlimi Char-Briquettes Corporation Project

Project Description

NWEC, a licensed Zambian electricity distributor serving the fast-growing Northwestern mining region, is seeking a strategic partner through a 75% equity sale for USD 32.1 million, within a total USD 105 million funding package (including refinancing and network expansion). The BOO utility supplies residential townships around major mines (Barrick LMC, FQM Kalumbila & Kabitaka) and holds a 15-year licence to distribute up to 20MW.

With strong demand, gross margins of 39%, and EBITDA rising from 13% (2022) to 19% (2026), NWEC offers a scalable platform requiring both capital and technical expertise

Project Location:

Northwestern Province

Lead Agency/ Project Promoter:

Northwestern Energy Corporation Limited

Contact

Email: Rebecca.Jangulo@zda.org.zm

Current Status/ Stage of Project:

Greenfield

Availability of Pre-feasibility Studies, Feasibility Studies, and other Studies:

Feasibility study available upon request

Estimated Cost of the Project:

USD 105 million

Investment Required

Investment into Fund Structure

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Country

Zambia

Location (s)

North-Western Province

Sector

Infrastructure: Transport, Energy, ICT, Mining and Water

Sub Sector

Energy

Investment Value Range

+ 100 million USD

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