Genesis Energy 360MW gas-fired power plants

2/12/2015
Project development

$ 190 million

Announced

2/12/2015


Overview:

  • Genesis Energy 360MW gas-fired power plants.
  • London based company Genesis Energy is developing multiple gas-fired power plants in Benin, which will have a total combined capacity of 360MW.
  • When complete the plants will produce 30% of the electricity used by Benin. 
  • A power purchase agreement for the first plant in the programme, which will have a 120MW capacity, has been agreed between Genesis and Benin's government. 
  • The gas turbines being used in the plants will be provided by General Electric and the engines will be made by Cummins.

Ben Naylor - Regional editor

Jurisdictions:

Nigeria
Benin
Togo

Deal type:

Project development

Practice area:

Project development

Industry sectors:

Energy
Utilities


Firms:

Party: Government of Benin (Sponsor)

Party: Africa Legal Support Facility (Sponsor)


Party: Genesis Energy (Project developer)

Lawyer: Gbolahan Elias