Jul 5, 2021
Meridiam and Gabon Power Company successfully reached financial close on the Kinguélé Aval hydroelectric power plant (35MW)
Libreville, Gabon, July 2, 2021 - Gabon Power Company (GPC), a portfolio company of the Gabonese Strategic Investment Fund (FGIS), and Meridiam, an independent investment Benefit Corporation specialised in the development, financing and long-term management of sustainable public infrastructures, have signed an agreement for the financing of the Kinguélé Aval hydroelectric power plant.
Jun 29, 2021
Agreement on the creation of a “new SUEZ”
Meridiam, GIP and Caisse des Dépôts Group with CNP Assurances (the “Consortium”) submitted a binding contractual commitment to purchase the new SUEZ, which has been approved by the Boards of Directors of Suez and Veolia on 29 June 2021.
Jun 10, 2021
EDF, Meridiam and SIFCA sign with Proparco and EAIF the financing agreements for the largest biomass plant in West Africa
EDF, Meridiam and the agro-industrial group SIFCA, united in the BIOVEA Energie* project company, have signed with Proparco (AFD Group) and Emerging Africa Infrastructure Fund (PIDG Group) the financing agreements** for a 46 MW biomass power plant project in Côte d'Ivoire. Under the terms of the agreements, Proparco and EAIF are providing €165 million in debt and €13 million in grants, corresponding to 77% of the total project cost estimated at €232 million. The balance will be provided by the shareholders of Biovea Energie. Located in the town of Aboisso, 100 km east of Abidjan, Biovea will be the largest power plant in West Africa powered by agricultural waste and will meet the renewable electricity needs of the equivalent of 1.7 million people per year.
May 31, 2021
ENGIE, Meridiam and FONSIS commission two new solar projects in Senegal
ENGIE, Meridiam and FONSIS (Senegal's Sovereign Strategic Investment Fund) announce the commissioning of two photovoltaic power plants in Senegal with a total production capacity of 60 MW - Kahone Solaire SA (35MW) and Kael Solaire SA (25MW) - located respectively in the regions of Kaolack and Diourbel, in the center of the country. These plants are part of the Scaling Solar initiative in Senegal, jointly led by the Senegalese authorities and the International Finance Corporation (IFC), which aims to promote investment in solar energy. These are the first electricity generation projects by private operators to be tendered in Senegal. They will contribute directly to the country's ambitious goal of increasing the share of renewable energy in its energy mix to 30%.
May 17, 2021
Meridiam, GIP and the CDC Group (Caisse des Dépôts and CNP Assurances) announce the signing of an agreement in principle with Suez and Veolia to form the long-term shareholder of the new Suez
Meridiam, GIP and Caisse des Dépôts in partnership with CNP Assurances announce the signing of an agreement in principle with Suez and Veolia with a view to forming the shareholder base of the new Suez, following on from the agreement reached between Suez and Veolia on 11 April 2021.
May 5, 2021
Opening of the extension of the Port of Calais, one of Europe’s largest passenger and cargo ports
The handover of the Port of Calais took place this Wednesday, May 5, 2021, marking the end of the extension works of one of Europe’s largest ports. It serves as an essential link for trade within Europe and with the United Kingdom, and the Calais-Dover maritime link, the shortest and busiest maritime route linking continental Europe to the British Isles. It is currently the leading passenger port in continental Europe (10 million passengers/year) and the leading French port for goods, excluding containers (43 million tons of freight/year).*