Project Experience

Betmai

Date:

Jun 2013 - Nov 2021

Client:

Sierra Leone

The Betmai Project is a 25 MW run-of-river hydroelectric facility on the Pampana River in Sierra Leone’s Tonkolili District. Located in a mineral-rich region, the project is designed to support both the national grid and nearby mining operations.
Midgard provided comprehensive support, including:

  • Partnership & Deal Structuring Advice – Explored business models and partnership opportunities.
  • Financing Strategy – Developed funding strategies, including equity, debt, and grant options.
  • Negotiation Support – Assisted in Power Purchase Agreement (PPA) and EPC contract negotiations.
  • Owner’s Engineering & Technical Advisory – Conducted feasibility assessments, site planning, environmental permitting, and cost estimation.
  • Transmission Planning & Grid Integration – Evaluated interconnection options and grid integration strategies, addressing challenges similar to Canada’s North.
  • PPA Development – Drafted the Power Purchase Agreement with Sierra Leone’s National Power Authority.
  • Islanded Operations Strategy – Provided recommendations for grid integration and independent operation.

Midgard’s support helped position the Betmai Project to meet Sierra Leone’s energy infrastructure needs while advancing sustainable development.