LESOTHO

STAGE

Lenders mandated; estimated financial close in Q2 2025; estimated COD in Q1 2026.

SIZE

20 MW

LOCATION

Mafeteng province

ROLE

Co-developer

The Neo 1 project will be Lesotho’s first IPP. Sited in Mafeteng province in western Lesotho, the Neo 1 Project will add 20 MW to a grid with ~ 75 MW existing production. With 160 MW in peak demand, currently met by importing energy from Mozambique and South Africa, the project will help close the electricity supply gap.