A row of electrical transmission towers stretching across the African landscape during sunset, symbolizing energy and infrastructure development.
A major US energy deal hangs in the balance as Symbion Power LLC eyes a $700 million investment to build a 140-megawatt gas-to-power plant along the Congo-Rwanda border—but only if a fragile peace holds. The New York-based firm plans to tap methane from Lake Kivu, using it to generate electricity for eastern Congo, including the rebel-held city of Goma. However, progress depends on M23 rebels withdrawing from the region, following a recent US-backed peace deal. If realized, the plant could transform energy access in the region, benefiting trade hubs and mining areas. Symbion has previously developed two similar plants in Rwanda, both of which it sold in 2019. The company plans to seek financing for the planned gas-to-power plant from US development banks.
Business Insider Africa