July 14, 2014 1:35 AM ET

Electric Utilities

Company Overview of Aldwych International Ltd.

Company Overview

Aldwych International Ltd. develops, constructs, owns, operates, and manages electricity generation, transmission, and distribution projects primarily in Africa. Its electricity generation projects are based on traditional fuels and renewable technologies. The company also develops captive power plants for industrial customers; and associated fuel related projects, such as coal, oil, gas, or biomass production, as well as transport and storage in conjunction with power generation projects. Aldwych International Ltd. was founded in 2004 and is based in London, United Kingdom.

30 King Street

London,  EC2V 8EH

United Kingdom

Founded in 2004

Phone:

44 20 7776 1900

Fax:

44 20 7726 8590

Key Executives for Aldwych International Ltd.

Founder and Executive Director
Age: 63
Finance Director
Chief Investment Officer
Regional Director of East Africa
Compensation as of Fiscal Year 2014.

Aldwych International Ltd. Key Developments

IFC Partners with Aldwych International Ltd. and Six Telecoms Company Limited to Develop a 100 Mw Wind Farm in Singida, Tanzania

IFC is partnering with Aldwych International Ltd. and Six Telecoms Company Limited to develop a 100 MW wind farm in Singida, Tanzania, enhancing power supply reliability, decreasing the need for costly fuel imports, and helping fight climate change. The total project cost for the wind farm is estimated at $285 million, of which IFC, Aldwych and Six Telecoms will contribute $18 million during the development stage and $71 million in total equity. Located 700 kilometres from Dar es Salaam, the Singida wind farm will produce power through wind turbines to help diversify Tanzania’s electricity away from hydropower. When the hydropower supply drops during times of drought, Tanzania has had to turn to costly emergency power. Wind energy is an innovative way to boost power supply, with Singida expected to add 100 MW of capacity. Singida will also provide power at more stable cost, as tariffs for wind energy remain relatively constant as no fuel source is required. The farm will be owned by Wind East Africa and operated by a management company led by Aldwych and Six Telecoms.

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