Ethiopia to launch 17 energy and road PPPs


Ethiopia’s Office of the Public-Private Partnership (PPP) has announced that up to $6.5 billion of energy and road projects will be launched as PPPs by July 2019.

Teshome Tafese, director general of the PPP Office, said that a total of 17 projects – comprising 14 power developments and three roads – will be put out to tender within this fiscal year, which in Ethiopia runs from July 2018 to July 2019.

The planned power projects – and their expected cost – are:

  • 798MW Dabus – $984 million
  • 469MW Genale Daw 5 – $793 million
  • 424MW Halele Werabe – $1.2 billion
  • 280MW Chemoga 1&2 – $729 million
  • 150MW Weranso – $165 million
  • 150MW Wolenchiti – $165 million
  • 125MW Dichato – $150 million
  • 125MW Gad – $150 million
  • 125MW Hurso – $150 million
  • 125MW Metema – $150 million
  • 100MW Genale 6 – $387 million
  • 100MW Humera – $120 million
  • 100MW Mekelle – $120 million

At least six of these projects are confirmed to be solar farms.

Meanwhile, the road projects are:

  • 160km Mieso Dire Dawa motorway – $445 million
  • 125km Adama Awash motorway – $440 million
  • 72km Awash Mieso motorway – $230 million

The new roads are expected to improve transport links between the capital city Addis Ababa and a port in neighbouring Dijbouti, as well as a new port under development in Somalia.

Snapshots

Asset Snapshot

Mekelle Solar PV Plant (100MW)


Value:
N/A
Full Details
Asset Snapshot

Humera Solar PV Plant (100MW)


Value:
USD 120.00m
Full Details
Asset Snapshot

Dabus Hydro Power Plant (798MW)


Value:
USD 984.00m
Full Details
Asset Snapshot

Genale Daw V Hydro Power Plant (100MW)


Value:
USD 793.00m
Full Details
Asset Snapshot

Halele Werabe Hydro Power Plant (211MW) Phase 1


Est. Value:
USD 600.00m
Full Details
Asset Snapshot

Chemoga Hydro Power Plant (280MW)


Value:
USD 729.00m
Full Details
Asset Snapshot

Weranso Solar PV Plant (150MW)


Value:
USD 165.00m
Full Details
Asset Snapshot

Wolenchiti Solar PV Plant (150MW)


Value:
USD 165.00m
Full Details
Asset Snapshot

Dichato Solar PV Plant (125MW)


Value:
USD 150.00m
Full Details
Asset Snapshot

Gad Solar PV Plant (125MW)


Value:
USD 150.00m
Full Details
Asset Snapshot

Hurso Solar PV Plant (125MW)


Value:
USD 150.00m
Full Details
Asset Snapshot

Metema Solar PV Plant (125MW)


Value:
USD 150.00m
Full Details
Asset Snapshot

Genale VI Hydro Power Plant (256MW)


Value:
USD 387.00m
Full Details
Asset Snapshot

Mieso Dire Dawa Motorway (160KM)


Value:
USD 445.00m
Full Details
Asset Snapshot

Ethiopia-Djibouti Motorway Phase I (60KM)


Value:
USD 440.00m
Full Details
Asset Snapshot

Awash Mieso Motorway (72KM)


Value:
USD 230.00m
Full Details
Transaction Snapshot

Dabus Hydro Power Plant (798MW) PPP


Value:
$984.00m USD
PPP:
Yes
Full Details
Transaction Snapshot

Genale Daw V Hydro Power Plant (100MW) PPP


Value:
$793.00m USD
PPP:
Yes
Full Details
Transaction Snapshot

Halele Werabe Hydro Power Plant (422MW) PPP


Value:
$1,200.00m USD
PPP:
Yes
Full Details
Transaction Snapshot

Chemoga Hydro Power Plant (280MW) PPP


Value:
$729.00m USD
PPP:
Yes
Full Details
Transaction Snapshot

Weranso Solar PV Plant (150MW) IPP


Value:
$165.00m USD
Full Details
Transaction Snapshot

Wolenchiti Solar PV Plant (150MW) IPP


Value:
$165.00m USD
PPP:
Yes
Full Details
Transaction Snapshot

Dichato Solar PV Plant (125MW)


Value:
$150.00m USD
Full Details
Transaction Snapshot

Gad Solar PV Plant (125MW)


Value:
$150.00m USD
Full Details
Transaction Snapshot

Hurso Solar PV Plant (125MW) IPP


Value:
$150.00m USD
Full Details
Transaction Snapshot

Metema Solar PV Plant (125MW) IPP


Value:
$150.00m USD
Full Details
Transaction Snapshot

Genale VI Hydro Power Plant (256MW) PPP


Value:
$387.00m USD
PPP:
Yes
Full Details
Transaction Snapshot

Humera Solar PV Plant (100MW) IPP


Value:
$120.00m USD
Full Details
Transaction Snapshot

Mekelle Solar PV Plant (100MW) IPP


Value:
$120.00m USD
Full Details
Transaction Snapshot

Mieso Dire Dawa Motorway (160KM) PPP


Value:
$485.00m USD
PPP:
Yes
Full Details
Transaction Snapshot

Ethiopia-Djibouti Motorway Phase I (60KM)


Financial Close:
06/08/2019
Value:
$254.30m USD
Equity:
$254.30m
Debt:
$0.00m
Debt/Equity Ratio:
0:100
Full Details
Transaction Snapshot

Awash Mieso Motorway (72KM) PPP


Value:
$270.00m USD
PPP:
Yes
Full Details