Sturdee Energy Enters Zambia With 200 MW Wind Project Acquisition

South African independent power producer Sturdee Energy has entered the Zambian market through the acquisition of the 200 megawatt Masaiti Wind Project in Mpongwe District on the Copperbelt.

The company said it was acquiring the late-stage project from Upepo Holdings LLC through its local development arm, Upepo Energy Zambia, and would assume full ownership at the start of construction. Financial details of the transaction were not disclosed.

The Masaiti wind farm is planned to connect to a ZESCO 330 kilovolt transmission line located next to the project site. The development is being advanced towards financial close following more than six years of on-site wind measurements collected from two meteorological masts.

Sturdee said it intended to pair the wind project with solar generation and battery energy storage systems to deliver a more consistent, round-the-clock renewable electricity supply.

The project is expected to operate under an aggregated offtake structure, with ZESCO as the anchor customer alongside potential sales through the Southern African Power Pool, electricity traders and bilateral contracts.

The investment marks Sturdee's entry into its fifth market in the Southern African Development Community region. The company currently holds 280 megawatts of renewable energy capacity across the region.