Menu Sectors
Project Finance Copying and distributing are prohibited without permission of the publisher

African Power Deal of the Year 2011: KivuWatt

07 February 2012

ContourGlobal’s methane extraction and generation project on Lake Kivu, Rwanda, stretches the definition of essential infrastructure. It may, though the stress should be on may, prevent an ecological and human catastrophe that would claim thousands of lives around the lake. But the lake’s unique chemistry means that the technical, and to a lesser extent financial lessons, can only be applied to future projects on lake Kivu, and nowhere else. Lake Kivu is one of three exploding lakes, whose lake-beds contain huge quantities of carbon dioxide (the other two are in Cameroon) and the only one that also contains large quantities of methane. The presence of the gases is thought to be the result of the interaction between micro-organisms and the volcanic rock underneath the lakes. The lakes are given to large-scale and sudden releases of gases, which could at the very least suffocate much of the population living near a...


Latest Deals Database updates

Reading Civic Centre Update date 17/04/2014
Sector Social Infrastructure/PPP/P3/PFI > Social Housing
Country Europe - EU > UK
Total Debt Loan Amount
Status Preferred bidder
El Limon-Guajes Gold Update date 17/04/2014
Sector Mining/Metals > Metals
Country Latin America > Mexico
Total Debt Loan Amount
Status Finance mandated
Highway 407 East (Phase 2) Update date 17/04/2014
Sector Transport > Highway maintenance
Country North America > USA
Total Debt Loan Amount
Status RFP
Change font size: Switch to default font size Switch to medium font size Switch to large font size