Partnership to advance small hydropower plant development in Africa


Hydroneo Afrique and African Infrastructure Investment Managers (AIIM) are partnering to develop a pipeline of small hydropower plants across Africa.

The partnership will facilitate the development of a pipeline of small plants in Cameroon, Cote d’Ivoire, Gabon, Ghana, Guinea, Mozambique and other countries, according to a press release. These plants will better serve the growing energy demands across Africa and facilitate the long-term economic growth and competitiveness of the continent, the two companies say.

Hydroneo Afrique and AIIM will establish a 50/50 joint venture that will develop, finance, build, own and operate a number of small hydropower plants in Africa. Total investment is to be US$500 million, and these projects are expected to represent an installed capacity of 200 MW over the next five years.

About 15% of the world’s hydropower potential is in Africa, of which less than 10% is currently utilized, a press release says. Building run-of-river plants will lessen the environmental and social impact as compared with larger hydropower projects, the companies say.

Hydroneo Afrique is a wholly-owned subsidiary of Mecamidi, a manufacturer and developer of small and medium hydropower plant equipment. Mecamidi has five factories across three continents and has equipped hundreds of power plants representing a total installed capacity of 4,000 MW.

AIIM is a subsidiary of Macquarie and OldMutual Investment Group. AIIM’s power portfolio has a generating capacity of more than 1,000 MW.

For more small hydro news, click here.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs