Speeches Shim
Power Africa has supported the development of 90 megawatts (MW) of electricity generation projects in Mali. In addition, various firms have received U.S. Embassy support to move transactions forward. The exhibits below illustrate Power Africa’s financially closed transactions in Mali, some of which are already online and generating critical electricity supply for the people of Mali.
Power Africa Financially Closed Transaction in Mali
Albatros Energy (HFO – 90MW)
Financial Close Date: 06/13/2017
Commercial Operations Date: 10/31/2018
Estimated Project Cost: $127M
Overview: Albatros is a 90 MW thermal power plant in Kayes by Albatros Energy Mali SA under a build, own, operate and transfer model. Power will be sold to Mali’s national utility Énergie du Mali through a 20-year power purchase agreement. The power plant is composed of six (6) medium speed, 15 MW Caterpillar engines.
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