Welcome to One Energy

The Ghana 1000 LNG-to-Power Project, sited in Aboadze in the Western Region of Ghana, is a 1,300 MW combined cycle gas turbine power plant to be fuelled primarily by natural gas imported as liquefied natural gas (LNG), which will be stored and re-gasified via a floating storage and regasification unit (FSRU).

Project sponsors are US-based Endeavor Energy and General Electric, France-based Eranove (formerly Finagestion), and Ghana-based Sage Petroleum.  The sponsors have incorporated the Ghanaian entity, One Energy Limited, to manage the execution of project development and operation.

Phase 1 will consist of two 375 MW blocks for a total of 750 MW, a 138,000 m3 Floating Storage and Regasification Unit (FSRU), and LNG Infrastructure to support the import of liquefied natural gas

Ghana 1000’s Sponsors have built a consortium of class-leading organizations to deliver a high quality, integrated solution:

Endeavor is a co-lead sponsors for the Project and supporters of Power Africa. Endeavor, a portfolio company of Denham Capital, a private equity fund with ~$8 B under management, is also a Strategic Advisor to the World Bank?s Global Infrastructure Facility.

GE is a co-lead sponsors for the Project. GE operates in 7 primary divisions namely Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Home & Business Solutions and Capital. Ranked 9th on the Fortune 500 list with $146B of Revenue, $650B of assets and over 300,000 employees globally, GE has been doing business in Ghana since 1963 and currently employs over 40 in country
Eranove, operator of the CIPREL plants in Cote d?Ivoire and a portfolio company of ECP Investments, is an equity partner and will operate and maintain the Ghana 1000 power plant.

Sage, Ghana’s largest licensed oil trading company, is an equity partner and will assist Ghana 1000 in managing its fuel requirements from all available sources.
Shell, global leader in LNG supply, will provide flexible LNG supply at competitive prices.

Excelerate, global leader in FSRU solutions, will provide and operate Ghana 1000?s FSRU vessel.

Ghana 1000 Phase 1 Timeline

Phase 1 of Ghana 1000 is currently under active development and comprises 750 MW of combined cycle plant and a 138,000 m3 FSRU and associated civil and gas transportation infrastructure.  Phase 1 is planned to achieve commercial operation in stages between Q4 2016 and Q4 2018. Phase 2 is 550 MW of combined cycle with commercial operation timing targeted for 2019/2020, subject to supportive market and transmission grid conditions.

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Benefits of Ghana 1000

Ghana 1000 is a unique opportunity to solve several of Ghana’s most pressing energy needs in order to expand the potential of future energy development and the growth of the Ghanaian economy:

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Who We Are

One Energy is a consortium made up of 4 companies which are Endeavor Energy, GE, Sage Petroleum and Eranove (formerly Finagestion )