The Lesotho Kobong project, a $6.2 billion US-backed deal, pairs 1,200 MW of hydropower with an AI data centre. Here's what it means.
LESOTHO · BUSINESS
Key Facts
—The deal: US firm Convalt Energy has signed a $6.2 billion agreement to build power and digital infrastructure in Lesotho.
—The scale: It is the largest investment commitment in the small kingdom’s history, worth nearly three times its annual output.
—The build: At least 1,200 MW of hydropower paired with a green-powered AI data centre, near the Kobong Dam.
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