Endeavor is a co-lead sponsor for the Project and supporter of Obama’s Power Africa initiative. Endeavor, a portfolio company of Denham Capital, a private equity fund with over $8 billion under management, is also a Strategic Advisor to the World Bank’s Global Infrastructure Facility. Endeavor Energy is a privately-held international independent power project (“IPP”) company focused on developing, financing, constructing, and operating power generation facilities in Africa. Endeavor Energy is led by a seasoned management team with extensive IPP experience around the world, and a proven record of identifying and executing on project development and acquisition opportunities. With the financial backing of energy-focused global private equity investor Denham Capital, the company possesses significant financial and operational capability to bring competitive baseload power to Africa.
Denham Capital is a leading energy and resources-focused global private equity firm with more than $8.4 billion of invested and committed capital across seven fund vehicles and offices in London, Boston, Houston, São Paulo and Perth. The firm makes direct investments in the energy and resources sectors, including businesses involving power generation, oil and gas, and mining, across the globe and all stages of the corporate lifecycle. Denham’s investment professionals apply deep operational and industry experience and work in partnership with management teams to achieve long-term investment objectives. For more information about Denham Capital, visit www.denhamcapital.com.
Endeavor constantly strives to improve the quality of life wherever we operate, and we pursue a policy of active social involvement with ongoing contributions to help promote economic, community and social progress in the areas we serve. This commitment includes devoting human and financial capital to designing programs that complement our core mission of power development by strengthening the services and institutions in local communities and regions. We maintain a disciplined focus on environmental standards, and are committed to providing a safe and healthy work environment that ensures a positive relationship between investors, projects, and the community.
GE is a co-lead sponsor 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.
GE is an American multinational conglomerate headquartered in Fairfield, Connecticut USA. Ranked 9th on the Fortune 500 list, the company operates in 7 primary divisions namely Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Home & Business Solutions and Capital. GE has been doing business in Ghana since 1963 and currently employs over 40 people within country
GE works in Ghana to support economic growth through infrastructure development especially in the power, healthcare and transport sectors. GE is working with Ghana’s leaders, including the country’s Energy Minister, on plans to develop the critical infrastructure needed for continued energy management in the country.
GE is committed to the sustainable development of Ghana’s future. Our approach is to empower people by building valuable skills, equip communities with new tools and technology, and elevate ideas that are helping to solve Africa’s challenges.
Sage, Ghana’s largest licensed oil trading company, is an equity partner and will assist the project in managing its fuel requirements from all available sources.
Sage Petroleum is part of The Quantum Group, a wholly-owned Ghanaian Company with interests in Petroleum Trading and Downstream, Energy and Power and Technology and Communication. Sage has over 2,500 employees with a turnover in 2013 of over GHS 920 million. Sage imports petroleum products for sale in Ghana to mainly Oil Marketing Companies and Mining companies. It is the fourth largest Bulk Distributor in Ghana, with 12.31% market share.
Some of the groups trading related projects include, Tema Liquids Storage: 100 MT Storage facility for petroleum products – liquids and Atuabo LPG Terminal: 1500cbm Storage facility with Loading Gantries for LPG.