Veolia’s Guinea management contract offers new model for utilities
In depth
Issue 304
- 10 Jul 2015
| 10 minute read
A World Bank-backed management services contract awarded to Veolia in Guinea represents a new model for running utilities, the French water and electricity giant’s chairman and chief executive for Africa and the Middle East Patrice Fonlladosa has told African Energy. Under a contract drafted with the International Finance Corporation (IFC), senior Veolia executives will take over national utility Electricité de Guinée (EdG)’s management. Although Veolia intends to work closely with local staff, “ultimate responsibility for decisions at EdG will rest with the nominated manager”, Fonlladosa said on 6 July: “This is quite unique. I have never experienced it in Africa.”
Want to read more?
Extra Large Article
£595
(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
Register