Ashegoda wind farm project, Ethiopia

27th May 2011 By: Lindiwe Molekoa

Name and Location
Ashegoda wind farm project, Ethiopia.

Project Description
The project entails the construction of a 120 MW wind power plant, at Ashegoda, near Mek’ele, some 650 km north of Addis Ababa. The facility will be equipped with 120 wind turbines to generate a yearly output of 400 GWh.

The first phase will see the installation of 30 turbines, followed by 45 turbines in the second and third phases respectively.

Value
Not disclosed.

Duration
The plant is planned to be operational by 2013. Completion of the first phase is expected in early 2011, with the second scheduled for the end of the year.

The last 45 turbines are planned to be installed in 2013.

Client
Ethiopian Electric Power Corporation (EEPCo).

Key Contracts and Suppliers
Vergnet Groupe (wind turbines manufacturer and maintenance); BNP Paribas Corporate & Investment Banking (mandated lead arranger) and Agence Française de Développement (loan finance); and Lahmeyer International (construction supervisor).

Latest Developments
None stated.

On Budget and on Time?
The project is already in progress and the first phase is nearing completion.

Contact Details for Project Information
EEPCo, tel +251 11 155 9567, fax +251 11 156 0028 or email eelpa@ethionet.et.
Lahmeyer International, tel +49 6101 55 0, fax +49 6101 55 2222 or email info@lahmeyer.de.