Azito Energie Holding
In order to meet the growing demand for electricity and turn Côte d’Ivoire into West Africa’s main electric power exporter, the Ivorian government contracted out the construction of the Azito Energie thermal power plant in 1998 to a consortium comprising of IPS-WA, ABB and Electricité de France (EDF). In 2010, Globeleq acquired the shares of ABB and EDF.
Today, Azito Energie offers the powerful combination of the expertise of a global electricity leader and the skills of a strong development institution. Since its commissioning in 2000, Azito Thermal Power Plant has been successful on all accounts, reliably providing low-cost base load with high-availability power while efficiently using Côte d’Ivoire’s natural gas endowment.
Thanks to its use of environmentally friendly technology, the power plant, with a current capacity of 435 megawatts, is one of the most powerful, modern and efficient power plants in West Africa.
A recognized success story, the Azito Power Plant Project is a clear example of the benefit to all stakeholders of well-designed Public Private Partnerships (PPPs). This trail blazing PPP has paved the way for similar projects and has been used as a model to replicate, further evidencing the significant role that the private sector can play in the development of infrastructure projects in Africa to bridge the continent’s infrastructure gap.