Projects WIP Update2020-11-06T23:17:48+00:00

Impact Starts with a Commitment to Responsible Investing

Milele Energy is an independent power-generation company investing in energy to strengthen and provide enduring benefits to communities in sub-Saharan Africa. Fundamental to our approach is serving as a responsible partner to stakeholders and thoughtfully executing projects to achieve returns.

Our vision is to provide clean, cost-effective electricity through developing and providing equity to impactful projects that are the best positioned to advance the economic, social, and environmental aspirations for our customers.

Our focus is on bringing fast execution and efficient financing structures to deliver lowest cost and environmentally sound solutions that blend world-class reliable gas-to-power projects with Africa’s abundant renewable energy.

Sierra Leone Power Generation

Location: Sierra Leone

Sector: Conventional

Year of Investment: XXXX

Website: need info

Salone IPP-84-128MW LPG-Fired TM2500 project in Sierra Leone

Pathfinder project for LPG in West Africa – Major USG support

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  • Supports availability and lowers cost for Sierra Leone’s energy sector, which currently suffers from major undersupply.
  • Project will increase Sierra Leone’s capacity by more than 50%. HFO/LPG LNG project in Freetown; structured as a BOOT under a long-term PPA.
  • Project stalled due to original sponsor’s Lebanese Shi’a political ties. Significant redevelopment efforts underway with Milele as majority owner and DFC mandated for 100% of debt financing.

Milele’s team has closed 10,000+ MW of projects worth over USD 20BN globally with an extensive focus on Africa.

Over 100 years of combined experience.

Strong renewables development and financing experience in the USA and Africa.

Core team includes five former ex-GE Africa colleagues.

CASE STUDY

Gulf Power Athi River Power Generation Plant

Location: Kenya

Sector: Energy & Power

Year of Investment: 2018

Website: gulfenergy.co.ke

Gulf Power continues to meet Kenya’s energy needs in an effort to fuel its economy, create jobs and boost growth. Their 80-megawatt power-generation facility near the Athi River in Nairobi launched commercial operation in 2014 with electricity supply fueled by heavy fuel oil (HFO) and light fuel oil (LFO). Gulf Power has a 20-year power purchase agreement (“PPA”) to sell electricity and generating capacity to Kenya Power & Light, Kenya’s national transmission and distribution company. Everstrong became an investor in December 2018.

CASE STUDY

Ghana Bridge Power

Location: Ghana

Sector: Conventional

Year of Investment: XXXX

Website: need info

Bridge Power (Phase 1) – 207MW LPG-fired project in Ghana

World’s largest LPG-fired power project – 1st time GE TM2500 in CC

In response to a power deficit driven by growth and hydro shortfalls, GoG has advanced several emergency power solutions and Bridge Power secured a long-term PPA with combined cycle efficiency. Project to commission 142.5MW SC 9 months post-NTP (Stage 1a) and 51.5MW CC 24 months post-NTP (Stage 1b).

CASE STUDY

Golden Valley South Africa Wind Power

Location: Need Info

Sector: Wind

Year of Investment: XXXX

Website: need info

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CASE STUDY

Canadian Hills

Location: United States

Sector: Wind

Year of Investment: XXXX

Website: need info

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  • Led the originaltion, structuring and approvals through a time sensitive process to secure Atlantic’s acquisition of the 298 MW project
  • Responsible for the negotiations and closing of the $370MM construction loan and $270MM tax equity financing, among the largest to clear the US tax equity market in 2012.

Experienced. Respected. Trusted. Smart.

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