Madagascar: Shareholders’ accord signed for Volobe hydro project
- 11 Oct 2019
Africa50, Colas, Jovena and SN Power have signed a shareholders’ agreement for the co-development of the 120MW Volobe hydropower project on the Ivondro River. The agreement signed on 4 October sees the four partners take equity stakes in project developer Compagnie Générale d’Hydroélectricité de Volobe, which has been granted a 35-year concession to design, build and operate the IPP under a public-private partnership with the government of Madagascar.
Want to read more?
(Access to one African Energy article)
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map