Senegal: ContourGlobal signs PPA for Cap des Biches

ContourGlobal has signed a 20-year power purchase agreement with Senelec for a new plant at the Cap des Biches site in Dakar. The agreement was signed at the Senegalese embassy in Washington on the eve of the US-Africa summit. ContourGlobal will invest €85m ($113m) to rehabilitate the site and build, own and operate a 53MW thermal plant running on heavy fuel oil and natural gas. According to the company, when completed in 2015, it will be the lowest cost liquid fuel and natural gas-fired power plant in Senegal.