{"id":1692,"date":"2015-07-01T07:00:56","date_gmt":"2015-07-01T07:00:56","guid":{"rendered":"http:\/\/pr.asianetpakistan.com\/?p=18517"},"modified":"2015-07-01T07:00:56","modified_gmt":"2015-07-01T07:00:56","slug":"globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire","status":"publish","type":"post","link":"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/","title":{"rendered":"Globeleq celebrates completion of the Azito power plant expansion in C\u00f4te d\u2019Ivoire"},"content":{"rendered":"

LONDON, July 1, 2015 \/PRNewswire\/ –\u00a0Globeleq, the leading independent power producer in Africa, celebrated the completion of the expansion and conversion to combined cycle of its majority-owned Azito gas-to-power plant near Abidjan, C\u00f4te d’Ivoire.\u00a0 Azito’s 430 MW of installed capacity will generate electricity using locally supplied natural gas and will provide more than a quarter of the country’s electricity.<\/p>\n

\"Globeleq%20logo.<\/p>\n

Globeleq logo.<\/p>\n<\/div>\n

Logo – http:\/\/photos.prnewswire.com\/prnh\/20040611\/DAF004LOGO<\/a><\/p>\n

An on-site inauguration ceremony was held in the presence of His Excellency Alassane Ouattara, President of the Republic of C\u00f4te d’Ivoire, along with many other West African leaders, key government officials, international and local representatives, contractors, employees and members of the local community.<\/p>\n

Mikael Karlsson, Globeleq’s CEO remarked:\u00a0 “This clearly demonstrates what can be achieved when governments, the international financing community and the private sector act in close cooperation to develop sub-Saharan Africa’s energy sector.\u00a0Azito provides a blueprint for the development of similar power projects, both in C\u00f4te d’Ivoire and West Africa as a whole.”<\/p>\n

The expansion adds 139MW of generating capacity to the sector by converting the power station to combined cycle gas turbine technology. The newly expanded Azito plant does not consume any additional gas or create any further carbon emissions, making it one of the most affordable and efficient thermal generation facilities in C\u00f4te d’Ivoire.<\/p>\n

During the peak of construction of the expanded plant, more than 1,300 jobs were created.\u00a0 Sixty percent of these were sourced from the local area.\u00a0 Hyundai Engineering and Construction Co Ltd, the engineering, procurement and construction contractor, completed the expansion on 21 May 2015.\u00a0 The Azito expansion project provides C\u00f4te d’Ivoire with access to much needed electricity – a key driver in the development of the local economy and improvement in living standards.<\/p>\n

About Globeleq<\/i><\/b><\/p>\n

Globeleq is focused on providing reliable power to the emerging markets of Africa.\u00a0 Since the company’s launch in 2002, it has participated in transactions involving nearly 14,000 MWs in 27 countries, investing more than US$1.3 billion of equity across 44 different power projects.\u00a0 Globeleq is wholly owned by Actis Infrastructure Fund 2, a fund managed by Actis, the pan emerging markets fund manager, which has US$7.6 billion of funds under management. www.globeleq.com<\/a>.\u00a0<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

LONDON, July 1, 2015 \/PRNewswire\/ – Globeleq, the leading independent power producer in Africa, celebrated the completion of the expansion and conversion to combined cycle of its majority-owned Azito gas-to-power plant near Abidjan, Côte d’Ivoire.  Azito’s 430 MW of installed capacity will generate electricity using locally supplied natural gas and will provide more than a quarter […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"yoast_head":"\nGlobeleq celebrates completion of the Azito power plant expansion in C\u00f4te d\u2019Ivoire - South Africa Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Globeleq celebrates completion of the Azito power plant expansion in C\u00f4te d\u2019Ivoire - South Africa Journal\" \/>\n<meta property=\"og:description\" content=\"LONDON, July 1, 2015 \/PRNewswire\/ – Globeleq, the leading independent power producer in Africa, celebrated the completion of the expansion and conversion to combined cycle of its majority-owned Azito gas-to-power plant near Abidjan, Côte d’Ivoire.  Azito’s 430 MW of installed capacity will generate electricity using locally supplied natural gas and will provide more than a quarter […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/\" \/>\n<meta property=\"og:site_name\" content=\"South Africa Journal\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-01T07:00:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dl.dropboxusercontent.com\/u\/152011046\/PR-Images\/June%202015\/Globeleq%20logo..jpg\" \/>\n<meta name=\"author\" content=\"sjadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sjadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/\"},\"author\":{\"name\":\"sjadmin\",\"@id\":\"https:\/\/southafricajournal.com\/#\/schema\/person\/b5258049232dc72b42ad1073df5c990f\"},\"headline\":\"Globeleq celebrates completion of the Azito power plant expansion in C\u00f4te d\u2019Ivoire\",\"datePublished\":\"2015-07-01T07:00:56+00:00\",\"dateModified\":\"2015-07-01T07:00:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/\"},\"wordCount\":384,\"publisher\":{\"@id\":\"https:\/\/southafricajournal.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dl.dropboxusercontent.com\/u\/152011046\/PR-Images\/June%202015\/Globeleq%20logo..jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/\",\"url\":\"https:\/\/southafricajournal.com\/globeleq-celebrates-completion-of-the-azito-power-plant-expansion-in-cote-divoire\/\",\"name\":\"Globeleq celebrates completion of the Azito power plant expansion in C\u00f4te d\u2019Ivoire - 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