Makay 400MW hydroelectric power plant PPP

3/7/2015
PPP, Project development

XAF 500 billion

$ 854 million

Announced

3/7/2015


Overview:

  • Makay 400MW hydroelectric power plant PPP.
  • Platinum Power is developing a 400MW hydroelectric power plant and related infrastructure in Makay in Cameroon under a public private partnership (PPP) agreement with the country's government.
  • Platinum Power, a Morocco based renewable energy developer owned by US fund Brookstone Partners, will invest $854 million in the project.
  • The plant will increase Cameroon's installed electrical capacity by 30%.  
  • Construction of the complex will begin in 2017 and is scheduled to be complete in 2020. 

Ben Naylor - Regional editor

Jurisdictions:

Morocco
Cameroon

Deal types:

PPP
Project development

Practice area:

Project development

Industry sector:

Energy


Firm:

Party: Platinum Power (Project developer)

Lawyer: François April