Bridge Power Project (DFC-BRIDGEPOWER)

Countries
  • Ghana
Where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Endeavor Energy Holdings LLC
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 27, 2020


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Project Description

The Project involves the construction and operation of two power plants in Tema, Ghana with a capacity of up to a 424 MW. The Project, which will be located on two Brownfield sites, will be developed in stages. Development of the first site will include the construction of five open cycle combustion turbines, which will generate 145 MW followed by the installation of once-through steam generators on each turbine, which will add another 57 MW of power. The second stage development will be on a separate, but nearby site and will consist of about 222 MW of additional power to be generated by four combustion turbines with Heat Recovery Steam Generators. It is anticipated that all facilities will operate initially on Liquid Petroleum Gas with diesel as a backup fuel in emergencies and when LPG is unavailable. Within 5 years of the commencement of Phase 2 operations, it is anticipated that the plant will
switch to Natural Gas, should it be made available by the Government of Ghana.

Investment Description
  • US International Development Finance Corporation (DFC)
Contact Information

Tema Metropolitan Assembly Adjacent to Tema
Community Centre,
John Saaba Road,
P.O. Box 20, Tema
Mr. Maxwell AduBoateng
+233 24 478 4776