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Expansion of the Azito gas-to-power plant in Cote d'Ivoire starts onsite

Construction work has begun on the expansion of the Azito gas-to-power plant near Abidjan, Cote d’Ivoire. Headed by emerging markets power company Globeleq and funded by various lenders including the International Finance Corporation, the scheme will provide more than 1,000 jobs and is estimated to complete in 2015. The capacity of the plant post-expansion will be 420 MW compared to its current 139 MW status, with the additional electricity sold to the State of Cote d’Ivoire.

Globeleq's CEO, Mikael Karlsson, said: “We are very excited to start construction on the Azito expansion. The project has solid fundamentals and very strong support from all stakeholders. Once operating, the facility will produce 50% more power using no additional gas and therefore no further emissions. This success clearly demonstrates the ongoing co-operation needed by the government, the international financing community and the private sectors to successfully develop the energy sector in the region.”

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