Globeleq Cameroon power plants profit drops 24%
Combined profits fell to CFA15 billion in 2025 despite a 5.9% revenue increase to CFA82.6 billion.
Globeleq's two power plants in Cameroon reported combined profits of CFA15 billion in 2025, a 24.2% decrease from CFA19.8 billion the previous year.
Despite the profit drop, total revenue for the plants rose 5.9% to CFA82.6 billion in 2025, up from CFA78 billion in 2024. The Kribi gas plant saw profits fall by more than half to CFA6 billion, while Dibamba's thermal plant profit rose to nearly CFA9 billion.
Both plants continue to face cash flow issues, with unpaid electricity bills causing some generating units to go offline and reducing cash distributions.
Why it mattersGlobeleq's power plants in Cameroon experienced a significant profit decline in 2025.