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Kinguele Aval Hydropower Project

Sector: Hydro • Location: Gabon

Source: World Bank Group

Project
Active

The project involves the construction of the 34MW Kinguele Aval hydropower project on the Mbei River, 100km east of Libreville in Gabon. The special purpose vehicle (SPV) Asonha Energie is owned by Meridiam (60%) and Gabonese Strategic Investment Fund (40%). The debt-to-equity ratio on the project financing is 75:25 and the €112.5 million debt financing is provided by AFDB, IFC, DBSA and ISDB. The

Status
Prospective
Sector
Hydro, Power Generation (CCGT), Government, Automotive, Commercial
Location
Gabon
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Kinguele Aval Hydropower Project” is an infrastructure initiative in the Hydro sector, located in Gabon. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The project involves the construction of the 34MW Kinguele Aval hydropower project on the Mbei River, 100km east of Libreville in Gabon. The special purpose vehicle (SPV) Asonha Energie is owned by Meridiam (60%) and Gabonese Strategic Investment Fund (40%). The debt-to-equity ratio on the project financing is 75:25 and the €112.5 million debt financing is provided by AFDB, IFC, DBSA and ISDB. The new power plant will fulfil up to 13% of capital city Libreville’s energy needs. The 33-year concession contract was signed in October 2019. https://ijglobal.com/articles/143489/meridiam-signs-gabonese-hydro-concession http://www.meridiam.com/en/news/article/meridiam-signs-kinguele-hydropower-plant-concession-contract-in-gabon https://www.africa-energy.com/article/gabon-bids-sought-build-kingu%C3%A9l%C3%A9-aval-hydro-scheme https://constructionreviewonline.com/2019/11/ppp-signed-for-kinguele-downstream-hydroelectric-project-in-gabon/

Original sector

Energy

Procurement method

Budget

Location

Country

Gabon

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Hydro, Power Generation (CCGT), Government, Automotive, Commercial

Article published date

2024-09-22

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