Azito Energie

Debt : October 2012

The Azito gas power plant is located 10 km from Abidjan. It is a 430MW combined-cycle gas-fired thermal power plant.

Amount

€ 17,760,600.00

Type of investment

Debt

Development impacts

Private sector consolidation/innovation
Access to basic services & goods
Fight against climate change

Beneficiary locations

Africa: Côte d'Ivoire

Investment field

Infrastructure

Activity

Energy

Organisation

Azito Energie

Website

http://www.azitoenergie.com/

Domicile

Ivory Coast

More investments in

Azito Energie

Debt € 15,000,000.00 (2019)

The plant is composed of 2 gas turbines which started operations in 1999 (“Phase 1”) and 2000 (“Phase 2”) and a steam turbine that started operations in 2015 (“Phase 3”). Azito is one of the first and the largest Independent Power Producers in Ivory Coast.

The project consisted in increasing the capacity of the Azito power plant through the conversion of the existing plant form simple-cycle to combined-cycle (recovery of heat generated in the gas turbine, conversion into steam and adjunction of a steam turbine), thereby increasing its nominal installed capacity by around 50%, from 288 MW to 427 MW with no additional gas needed.

Development impacts

Private sector consolidation/innovation
Market structuring effects: national generation capacity will increase by 15%
Access to basic services & goods
Access to electricity through the combined-cycle gas power plant (expansion of capacity and higher efficiency)
Fight against climate change
The combined cycle allows an increase of capacity without additional gas consumption (saving of 400,000 tons per annum)