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Saint Louis combined-cycle gas turbine (CCGT) plant (225MW)

Sector: Wind • Location: Senegal

Source: World Bank Group

Project
Active

"The project comprises the construction of a 255MW combined cycle gas-powered plant and pipeline in Saint Louis, Senegal. The sponsor is the Turkish company Aksa Energy. It has commenced the development in January 2024. The $475-m project was awarded to NDAR Energies SA, a subsidiary of Aksa Global Investments BV (one of the group companies of Aksa Energy) in February 2023. Following the award, th

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The project “Saint Louis combined-cycle gas turbine (CCGT) plant (225MW)” is an infrastructure initiative in the Wind sector, located in Senegal. Taiyo aggregates data on it from World Bank Group.

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Description

Description

"The project comprises the construction of a 255MW combined cycle gas-powered plant and pipeline in Saint Louis, Senegal. The sponsor is the Turkish company Aksa Energy. It has commenced the development in January 2024. The $475-m project was awarded to NDAR Energies SA, a subsidiary of Aksa Global Investments BV (one of the group companies of Aksa Energy) in February 2023. Following the award, the African Export-Import Bank (Afreximbank) and NDAR signed a Framework Agreement to finance the development, design, construction and operation of the power plant and pipeline. The bank served as the lead project developer and mandated lead arranger to take the lead in the provision of project preparatory services and in syndicating the debt raise. Financial close was reached in Q3 of 2024. NDAR Energies SA has signed a 25-year power purchase agreement with Senelec, the state utility company. Aksa expects the plant to begin commercial operations by 2026. " https://www.gastopowerjournal.com/itemlist/tag/Senegal ; https://energy-utilities.com/aksa-energy-commences-development-of-saint-louis-news123530.html ; https://www.africa-energy.com/live-data/article/aksa-confirms-expected-financial-close-date-senegals-saint-louis ; https://www.enerdata.net/publications/daily-energy-news/aksa-energy-starts-construction-255-mw-ccgt-power-plant-senegal.html

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High

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