Coal-Powered Generation of Electricity

PROJECT DESCRIPTION:

Power generation company Lone Star Energy seeks suitable investors/partners to raise a minimum of USD 90,000,000 for procurement and the installation of a power plant in Malawi. The opportunity is a unique and low risk investment proposition that offers attractive annual returns. The current developers have invested over USD 10,000,000 to date and have been given government approval to conduct a feasibility study.

This business process is at the stage where it is possible to offer additional new investors a 40% to 60% shareholding in Lone Star Energy Ltd, a Malawian registered company. The Government of Malawi will be the main off-taker in its quest to boost economic development in all sectors.

PROJECT LOCATION:

Rumphi

LEAD AGENCY/ PROJECT PROMOTER:

Countrywide Hotels and Resorts Limited

CURRENT STATUS/ STAGE OF PROJECT:

Requires the injection of USD 90 million of working capital into the business

ACTIONS REQUIRED/ IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:

The project seeks financiers/equity partners who can inject money into the project to allow the business reach its full potential.

AVAILABILITY OF PRE-FEASIBILITY STUDIES, FEASIBILITY STUDIES, AND OTHER STUDIES:

The feasibility study for this project is in the pipeline but the government has given it all the necessary approvals.

ESTIMATED COST OF THE PROJECT:

USD 90 million