A Ghanaian energy company has raised more than half a billion dollars to fund ongoing natural gas-based power projects and pursue new opportunities in West Africa. Genser Energy secured a €456 million ($527 million) credit package arranged by three of South Africa’s top banks First Rand Bank, Absa and Standard Bank, company founder and CEO […]
Ghana is on the path to energy self-sufficiency as Genser Energy develops a 200 million cubic feet per day gas processing plant in Prestea, Western Region. Ghana currently produces 380 million cubic feet of natural gas per day, which falls short of its daily peak needs of 460 million cubic feet.
Genser Energy, a Ghanaian-owned independent power producer, recently hosted engineering students from Kwame Nkrumah University of Science and Technology (KNUST) and the University of Mines and Technology (UMaT) at its Anwomaso Branch and Metering Station (ABMS) in Kumasi.
Diversified energy company Genser Energy commissioned a 110km natural gas pipeline to propel Ghana’s power sector and foster economic growth.