Ethiopian Electric Power (EEP)

Company description

Ethiopian Electric Power is an Ethiopian electrical power industry and state-owned electric producer. It is engaged in the development, investment, construction, operation, and management of power plants, power generation, and power transmission. The company is a main key in the Ethiopian energy sector. 

Company details

City:
Aysha
Address:
Bireta Biret, Kotebe Addis Ababa, Ethiopia

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • August 21, 2024

    AMEA to develop US$620 million Ethiopian 300 MW Aysha wind farm

    AMEA Power has signed a Power Purchase Agreement (PPA) and Implementation Agreement (IA) with Ethiopian Electric Power for the development and operation of a 300 MW wind energy project in Ethiopia.&nb...

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  • January 11, 2021

    Siemens to equip, build 100 MW Assela wind project

    Siemens Gamesa Renewable Energy SA has signed its first deal in Ethiopia, where state utility Ethiopian Electric Power Corp. will be building a 100 MW wind farm using 29 turbines of 3.4 MW capacity. T...

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  • July 06, 2020

    Danske Bank approves EUR117.3mn financing for the Assela wind power project

    The Government of Ethiopia has secured a EUR117.3 million (US$131.90 million) of loan financing for the development of the Assela wind farm project.  The wind farm that requires about EUR146 mil...

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  • April 08, 2020

    150 MW Corbetti geothermal plant in Oromia region secures government PPA

    Corbetti Geothermal and its sponsors – InfraCo Africa (a PIDG company), Berkeley Energy who manage the Africa Renewable Energy Fund, Iceland Drilling and Reykjavik Geothermal – have signed...

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  • December 31, 2019

    ACWA Power, Ethiopian Electric Power sign PPAs for 250 solar projects

    ACWA Power,a leading international developer and operator of power generation and water desalination projects signed two long-term power purchase agreements (PPA) with Ethiopia’s state-owne...

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