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NamPower

877 employees

NamPower is the national power utility of Namibia and specialises in the generation and transmission of electricity. As an electricity company NamPower understands that electricity invariably plays an important role in the socio-economic development of Namibia. As the engine that drives progress, our main objectives are the availability, affordability and accessibility of electricity to as many Namibians as possible within the shortest possible time. NamPower's main sources of power are the thermal, coal-fired Van Eck Power Station outside Windhoek, the hydroelectric plant at the Ruacana Falls in the Kunene Region, and the standby diesel-driven Paratus Power Station at Walvis Bay. NamPower also has a world-class transmission network.

Investor insights

Funding rounds participated in

$73M sweet spot round size

Investor type

Government Agency

Basic info

Industry

Utilities

Sectors

Utilities

Date founded

1964

Funding rounds raised

Total raised

$73M

from 1 investors over 1 rounds

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NamPower raised $73M on October 10, 2024

Investors: KfW

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