According to the results of the evaluation according to the ESG tool of the International Hydropower Association (IHA), the Dibwangui hydropower plant project (Gabon) co-developed by the Gabonese Fund for Strategic Investments ( FGIS) and the Eranove group meets international standards in terms of sustainability

The official evaluation report according to the ESG tool of the International Hydropower Association (IHA) of the Dibwangui hydropower plant project (Gabon) was officially adopted on June 23, 2020. First hydropower work of the French-speaking African space to have been audited according to the ESG (Environmental, Social and Governance) tool, the plant responds to international good practices, in particular in terms of stakeholder participation (local authorities and communities, etc.). This project confirms the willingness of the FGIS-Eranove Group to pursue the design and operation of ever more efficient and sustainable production capacities.

Between September and October 2019, the sustainability of the Dibwangui hydroelectric power station (Gabon) was independently assessed against best practices in the sector, according to the ESG tool. This tool was developed by the International Hydropower Association (IHA) in partnership with the Hydropower Sustainability Assessment Board.

The FGIS-Eranove Group has created a dedicated vehicle (SPV) in the form of a Gabonese limited company called Louetsi Hydro. It will be the contracting authority for the project which consists of designing, financing, building and operating a hydroelectric power plant with an installed capacity estimated at 15 MW and an annual producible estimated at 90 GWh, in the heart of the province of Ngounié. located 550 km from Libreville, the country’s capital.

Out of the twelve good practice criteria to which the Dibwangui project was submitted, the appraisal report recognizes that the latter responds positively to 11 criteria, including the ability to involve the various stakeholders very widely through plans and processes of “ exemplary ” communication and consultation .

This report also underlines the economic, environmental and social benefits of this project for the populations and territories concerned.

Faithful to the commitments of the pan-African industrial group Eranove, FGIS and the objectives of the Gabonese state, the Dibwangui project contributes to the fight against climate change. With greenhouse gas emissions estimated at 30 g eqv CO2 / kWh, the hydroelectric power station will ultimately emit between 20 and 40 times less than a thermal power station of equivalent production and more than 10 times less than the energy mix. current Gabonese (Source Ecological Transition Agency – ADEME). In addition, the Dibwangui project will endeavor to preserve biodiversity in an ecoregion recognized for the diversity of its terrestrial and aquatic environments by integrating it into the design of the structure and are already considering actions. for the benefit of the populations.

Finally, this project will re-electrify the villages between Dibwangui and Makongonio and thus economically revitalize this region of 22,973 inhabitants. The project includes the construction of electrical energy evacuation lines. In addition to these technical solutions, the project provides for the establishment of voluntary plans to contribute to local development and to support employment and economic activities, particularly in the food industry (fishing, hunting). .

” The results of this assessment confirm the commitment of the Eranove group to the sustainable operation of hydroelectric facilities. Hydropower is an energy source acclaimed by the group because it meets the dual imperative of competitiveness and low carbon emissions. . This IHA study confirms compliance with good environmental, social and societal practices of the Dibwangui project that we are investigating alongside the Gabonese Strategic Investment Fund (FGIS). I thank FGIS for its trust ”, declares Marc Albérola, CEO of the Eranove group.

“We are proud that a Gabonese hydroelectric project is the first in French-speaking Africa to be audited by the ESG tool of the International Hydropower Association (IHA) and the level of its results. It is proof of the involvement of the highest authorities of the country in the respect of the Sustainable Development Goals of the United Nations (SDGs) and the level of maturity of this subject for the Gabonese hydroelectric industry. I salute the commitment of the FGIS-Eranove Group, which is taking a further step towards sustainable hydroelectricity in Gabon and Africa ”, declares Professor Lee White (photo), Gabonese Minister of Water, Forests and the Sea , Environment, responsible for the Climate Plan and the Land Use Plan.

“The results of this study are proof of Gabon’s ever increasing involvement in the good governance of its projects and in improving access to energy and the quality of life of Gabonese. The President of the Republic, Head of State, His Excellency Ali Bongo Ondimba, has made access to clean and sustainable energy a priority. Within the framework of the Paris Agreement on the climate, Gabon has committed to reducing its greenhouse gas emissions by at least 50% by 2025 by initiating an energy transition focused mainly on energy hydraulics. The Dibwangui power station project, already awarded “Best Water Deal EMEA Finance” in 2016, is one of them. It will make it possible to sustainably meet the energy needs of these isolated localities while contributing to the development of the economic fabric of Ngounié and to the well-being of local populations ”, declares Mr. Alain Claude Bilie-By-Nzé, Minister of State, of Energy and Water Resources.

 

Source: Agence Ecofin

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