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By Ruth Chayinda Copperbelt Energy Corporation -CEC- has listed a 200 million United states dollars Green Bond on the Lusaka Securities Exchange. The money will be used to fund solar energy generations with the ambition being 200 megawatts. CEC Board Chairperson LONDON MWAFULILWA says the listing of the Green Bond on the stock exchange is a pivotal moment for CEC, and Zambia’s capital markets . | ZNBC Today
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By Ruth Chayinda Copperbelt Energy Corporation -CEC- has list…
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CEC to Invest $500m in Renewable Energy Copperbelt Energy Corporation- CEC- will invest at least 500 million US dollars into renewable energy as well as power transmission. This is between 2025 and 2027. CEC Chief Financial Officer MUTALE MUKUKA said there is need to invest in power transmission. Speaking during a round table discussion at the Zambia International Mining and Energy Conference in Kitwe, Mr MUKUKA said CEC is allocating funds and aggressively making strategic investments. | ZNBC T
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CEC secures $96m for the Itimpi II Solar Plant By Chembe Mbale The Copperbelt Energy Corporation (CEC) Renewables has secured $96.7 million for the expansion of the Itimpi Solar PV Plant under Phase II. This expansion will add 136 MW of solar generation capacity to the existing 94 MW, bringing the total to 230 MW. The construction of the project is expected to start after the rainy season. | ZNBC Today
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$53m CEC Itimpi solar plant commissioned By Chansa Mayani President HAKAINDE HICHILEMA has commissioned the 60 megawatt Copperbelt Energy Corporation –CEC- Itimpi Solar Plant built at a cost of over 53 million United States dollars. President HICHILEMA says the current effects of Climate change have called for diversification of the energy sector. He says government is focused on improving the economy and requires more energy to run various sectors. President HICHILEMA says the investment by CEC
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By Ruth Chayinda CEC Renewables, a subsidiary of Copperbelt Energy Corporation -CEC- is aiming to raise 96.7 million US dollars from its second green bond that will help finance the Itimpi Solar PV Plant. The company has issued its second Green Bond tranche, valued at 96.7 million US dollars a year after issuing its first bond tranche valued at 53 million dollars in 2023. CEC Board Chairperson LONDON MWAFULILWA says the proceeds from the second tranche will finance the second phase of CEC Renewa
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