EDF, Meridiam and SIFCA develop West Africa’s largest biomass power plant
16 November 2023Located in the Aboisso municipality, around 100 km east of Abidjan, the 46 MW power plant will use agricultural waste. It forms part of the 2014-2030 National Action Plan for Renewable Energy established by Ivory Coast, which has set a 45% target for renewables in its energy mix by 2030.
Under the umbrella of the Ivorian company Biovea Energie, EDF (40%), Meridiam (36%) and SIFCA (24%) have co-developed the project, which benefits from the long-term commitment of financial partners such as the Agence Franc¸aise de De´veloppement (AFD) through its subsidiary Proparco, and the Private Infrastructure Development Group (PIDG) operating under its subsidiary, the Emerging Africa Infrastructure Fund (EAIF), which is administered by Ninety One, the appointed fund manager.
The power plant is due to be commissioned at the end of 2025.
The consortium is already intending to replicate it in other agricultural production areas in Co^te d’Ivoire.
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