KPDC
Kribi Power Development Company SA
Former names : KPDC
KPDC designs, finances and operates the 216 MW Kribi gas-fired power plant, under a 20-year public-private partnership awarded in 2009, fed by offshore Sanaga South gas. Capital is split between Globeleq (56%) and the Cameroonian State (44%); a state buyout of Globeleq's stake was under negotiation in mid-2026.
Key facts
- The plant has an installed capacity of 216 MW across 13 Wärtsilä units, fed by offshore Sanaga South gas (source: NONE, Globeleq group site, undated, read 2026-09-04).
- On 1 June 2026, KPDC was withdrawn from the Southern Interconnected Grid after tax authorities froze Globeleq group bank accounts, causing outages affecting 40% of users in the Littoral and West regions (source: cameroon-tribune, 2026-06-04).
- As of August 2026, the State was preparing an offer of about 80 billion FCFA to buy out Globeleq's 56% stakes in KPDC and its sister plant Dibamba (source: investir-au-cameroun, read 2026-09-04).