Zambia: Mercuria, Exergy Sign US$250M Power Sector Investment Deal

EXERGY and Mercuria signed a US$250 million financing deal in Lusaka, Zambia, marking a significant private capital commitment to the country's power sector and Mercuria's entry into the regional power market. This substantial investment, announced by Exergy, is earmarked to finance critical generation and transmission projects through its subsidiaries, Lunzua Power Company and Lusitu. The deal represents one of the largest private capital injections into Zambia's energy infrastructure, signaling robust investor confidence and a strategic move to bolster the nation's power capabilities.