Gabon: Concession contract signed for Kinguélé Aval

Construction of the 34MW Kinguélé Aval hydropower plant on the Mbéi River in north-western Gabon is scheduled to start in Q2 2020 following the signing of a concession contract in late October. France-based investment fund Meridiam announced on 24 October the signing of a 33-year concession contract with the government for the run-of-river power project, which is to be developed in consortium with state investment fund Le Fonds Gabonais d’Investissements Stratégiques (FGIS).