Azito Energie

Debt of October 2012

The Azito gas power plant is located 10 km from Abidjan. It is a 288 MW plant with 2 turbines which started operations in 1999 (“Phase 1”) and 2000 (“Phase 2”) respectively.

Amount

€ 17,760,600.00

Type of investment

Debt

Development impacts

  • Private sector consolidation/innovation
  • Access to basic services & goods
  • Fight against climate change and preservation of natural resources

Beneficiary locations

Africa: Ivory Coast

Investment field

Infrastructure

Activity

Energy

Organisation

Azito Energie

Domicile

Ivory Coast

The project consists 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.

Azito Energie

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 and preservation of natural resources

    The combined cycle allows an increase of capacity without additional gas consumption (saving of 400,000 tons per annum)

Read impact and news about this project

Côte d’Ivoire:  BIO invests EUR 15m for Azito power plant expansion

News

Côte d’Ivoire: BIO invests EUR 15m for Azito power plant expansion

25-07-2019

BIO joined a consortium of DFI partners led by PROPARCO, part of AFD Group, in a deal with Azito Energie S.A. for the expansion of the Azito power plant in Côte d’Ivoire.

Read more

View more of our investments in this region

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Adenia Capital III

Investment Companies & Funds

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  150,000.00

  Ghana, Ivory Coast, Madagascar

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Compagnie Africaine de Crédit

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Cofina Ivory Coast

  3,000,000.00

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