Dr. Aklilu meets with representatives of Globeleq

State Minister for Foreign Affairs, Dr. Aklilu Hailemichael met with representatives of Globeleq Friday (February 17, 2017), during which he appreciated the company's ambition to boost power generation in Africa generally and in Ethiopia more particularly.

The State Minister, praising the innovative project Genale Dawa VI (GD-6) developed by Globeleq in partnership with Contingent Technologies, expressed his office's commitment to support the company in its investment endeavor in Ethiopia.

The State Minister further expressed his belief that the company's investment in Ethiopia will benefit the people and is in line with the country's vision as articulated in the Growth and Transformation Plan II (GTP II).

Henericus J. Sander III, Finance Director of Contingent Technologies (Partner to Globeleq) on his part explained that Genale Dawa VI (GD-6) project, upon completion will not just be the first large-scale privately-owned hydropower facility in the country but also will attract a total investment of 850 million USD that would enable the irrigation of over 20,000 hectares of land in the Oromia and Somalia regional states.

The Company earlier met with President Dr. Mulatu Teshome and discussed on the implementation of the Genale Dawa VI (GD-6) project.