Company profile

Songon Energies S.A.

Songon Energies S.A. is an Ivorian special-purpose vehicle (SPV) incorporated in October 2020 and based in Songon, Côte d'Ivoire. The company was established to design, finance, construct, own, operate, and ultimately transfer a 372 MW combined-cycle thermal power plant at Songon under a Build-Own-Operate-Transfer (BOOT) arrangement with a 35-year concession. The plant is jointly developed by Endeavor Energy Holdings LLC (a West African power infrastructure platform founded by Denham Capital Management) and Starenergie 2073 SA (an Ivorian company. The facility runs primarily on liquefied natural gas, with heavy fuel oil and diesel as backup fuels, and when fully operational, the plant is projected to deliver approximately 2.8 billion kWh annually, providing electricity to more than 4.7 million people across Côte d'Ivoire.

Sector
Energy and power / Independent Power Producers
Markets
Côte d'Ivoire
Founded
2020
Ownership
Private
Stage
N/A
Business model
B2B Rental/Leasing, Financial Services

Products and services

372 MW Combined-Cycle Thermal Power Generation, Grid-Connected Electricity Supply (Côte d'Ivoire national grid) & LNG-Primary / HFO-Backup Power

Transactions

Source: Partner Researchers.