Wärtsilä and Gabon Power Company (GPC) have signed a Concession Agreement with the Government of Gabon for the development, supply, construction, operation and maintenance of a 120 MW gas-fired power plant. Wärtsilä, jointly leading the project development with GPC, will build the plant under a full EPC contract, and it will then operate and maintain the plant under a long-term 15-year O&M agreement.
The plant will be located at the industrial site of Owendo, close to Libreville, the country’s capital. When commissioned, the plant will supply electricity to Société d’Energie et d’Eau du Gabon (SEEG), the Gabonese utility, under a 15-year Power Purchase Agreement.
The project is being developed under a Public Private Partnership framework, with the asset to transfer to the Gabonese authorities at the end of the concession agreement.
Marcelin Massila Akendengue, General Director of GPC, said: “The plant will replace rented generation assets by SEEG and bring significant benefits, in line with Gabon’s sustainability ambitions.”