Our history & purpose
From the first pre-feasibility study to commissioning, more than three decades have shaped the Kinguélé Aval project.
A story spanning over 30 years
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1988
Pre-feasibility study of Kinguélé Aval at 40 MW.
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2005
Interest study of Kinguélé Aval at 27 MW, as part of the hydroelectric development plan.
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2016
Formation of the SEEG-Meridiam-FGIS consortium and preliminary studies.
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2017
Memorandum of understanding signed with the Government; environmental and social impact studies begin.
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25 Sept 2018
Incorporation of Asonha Énergie.
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2018
Tender launched for the construction of the development.
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2019
Environmental certificate obtained; on 24 October, public-private partnership contracts signed with the Gabonese State.
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2020
Publication of the ESIA, Biodiversity Action Plan and Livelihood Restoration Plan; turnkey EPC contract signed with Sinohydro Corporation.
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2021
Financing agreements signed with IFC, AfDB, EAIF and DBSA; on 8 December, works begin.
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2023
Financial close (22 August) and first debt drawdown (2 October).
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2024
Works reach a sustained pace with construction of the diversion channels – which will become the bottom outlet –, the phase II diversion and the start of mass concreting.
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2025
Works accelerate with the main civil-engineering structures (concrete dam, earth dam, powerhouse, dissipation basin, etc.).
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2026
Towards commissioning, with most structures completed and the installation of the hydraulic and electromechanical equipment.
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2027
Commissioning and operation of the development.