Thursday , June 8 2023

The FGIS and the Eranove group come together


Libreville, Saturday, 3 November 2018 (Gabon news) – The two organizations have now signed three contracts with Gabon to create these two vital resources.

The Gabon Strategic Investment Fund (FGIS) and the Eranove Group in Libreville last Wednesday initialed three contracts with the Republic of Gabon in hydraulic and energy fields. This is a concession agreement for the drinking water production of the Orelo water treatment and supply plant, the Komo-Kango department of the Estuary region and two electricity purchase contracts.

Following the Memorandum of Understanding signed by the Gabonese Republic, FGIS and Eranove Group in March 2017 concerning the concession contract for Orélo drinking water treatment and supply. The contract covers the financing, design, construction, operation and maintenance of a new drinking water production unit with production capacity of 140 000 m3 / day. The Orélo project aims to improve drinking water supply to Libreville and its surrounding areas by increasing the production capacity of more than 600,000 people in order to meet the growing demands of the population.

By signing Asokh Energie and Louetsi Hydro Ngoulmendjim (73 MW) and Dibwangui (15 MW) electricity contracts, they confirm the exclusive right of these companies to design, finance, construct, operate, operate, maintain and maintain two hydroelectric plants, all the electricity produced. "We are pleased to see the progress of water and electricity projects under the Eranove Fund." The recovery plan for the Gabonese economy is aimed at strengthening electricity supply, making it more accessible, accessible and more sustainable. is an important element in the implementation of the Gabon Vision 2025 program, "said Serge Thierry Mickoto, Director-General of FGIS.

Marc ALBÉROLA, CEO of the Eranove Industrial Group, said: "The signing of these three contracts is of special importance for our group, first because it strengthens the quality and depth of our partnership between Gabon and the state and the FGIS." Secondly, as these three signatures confirm our pan-African leadership in drinking water and in the production of electricity. "

The Gabon Strategic Investment Fund (FGIS) will help Gabon in 2012 to develop new sectors that are capable of generating sufficient revenue to replace oil-producing products. FGIS is the sole leader of the sovereign base of the Gabonese Republic. In May 2017, the London EMEA Finance magazine awarded the Ngoulmendjim and Dibwangui water projects, and FGIS was named the best investment fund in Africa.

As far as the pan-African industrial group is concerned, Eranove is a leading industrial player in the management of public services and the production of electricity and drinking water in West Africa. The group has been present for several decades in Ivory Coast (SODECI, CIE, CIPREL, AWALE, SMART ENERGY) and Senegal (SDE) since 1996. The power generation capacity is about 1250 megawatts (MW) and 437 million cubic meters of drinking water in Africa, the Eranove Group employs more than 9,000 people, including 1.9 million electric consumers and 1, 8 million water. As a responsible player, the Group has been affiliated to its affiliates with all ISO 26000 CSR (Corporate Social Responsibility) and ISO 9001 quality assurance, OHSAS 18001 security and ISO 14001 environments.


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