BRINGING POWER WHERE IT’S NEEDED, HOW IT’S NEEDED
Since our founding in 2005, we have helped create new, cleaner and more reliable generating capacity in locations throughout Eastern Europe, Africa and South America, boosting economic growth and environmental health. Consumers in many of the high-growth markets in which we operate are under-served. Without reliable, centralized sources of electricity, they are forced to depend on small, expensive residential-sized generators. Such unreliable – or non-existent – electricity supplies slow economic growth and inhibit new development. What’s more, existing, inefficient generating equipment only adds to local and global environmental concerns.
LOCAL RESOURCES
ContourGlobal is “fuel-agnostic,” which means we understand that every project has its own mix of optimal fuel resources, and we operate technology centers around the globe to ensure our plants remain at the forefront of efficiency and safety. In Togo, for example, we constructed a 100 MW plant designed to burn the natural gas a new pipeline will be delivering to that sub-Saharan nation. Until the pipeline’s completion, the plant’s tri-fuel engines also can use heavy fuel oil and diesel, helping ease dependence on hydroelectric resources that are limited during the region’s periodic droughts. With $209 million USD in financing from the Overseas Private Investment Corporation, this project represents the country’s single largest electricity investment ever.
EXPERTISE, EXPERIENCE AND A GLOBAL WORKFORCE
Our expertise lies in moving quickly to evaluate and implement the right development solutions, drawing on deep technical knowledge and extensive commercial contacts. Certainly our success has helped our own bottom line, but it also has helped stimulate regional development and now provides high-quality employment for more than 1,500 ContourGlobal employees around the globe.
Visit our Portfolio to learn more about our efforts to bring new power opportunities to underserved markets.