*URGENT REQUEST FOR AN INVESTOR TO INVEST $500MILLION USD IN IBOM POWER PLANT PROJECT PHASE 2*
2000MWT POWER PLANT INVESTMENT IN AKWA IBOM STATE NIGERIA.
Akwa Ibom State Government in looking for Investor to invest in IBOM POWER PLANT PROJECT PHASE 2. The state government just got License to increase the electricity capacity from 198MW which was the phase 1 to 500MW which is the phase 2. The cost of generating the 500MW alone is $500million USD, excluding logistics and infrastructure.
Attached to this brief are the pictures during the visit to Ibom Power Plant phase 1 and 2 at Ikot Abasi Local Government Area.
Akwa Ibom State. South South Nigeria.
The Bush is where the phase 2 will be built. It's been approved with license and ready to kick-off soonest.
Ibom Power Plant Phase 1 and proposed phase 2 share common boundary.
What is left now is for the prospective Investors to come to Akwa Ibom State and have a meeting with the state governor, Mr Udom Emmanuel. Akwa Ibom State Government will only retain 20% of the deal while the Investor will control 80% of the Ibom Power Plant Phase 2 deal.
In some of the pictures below, the structure that looks like the pedestrian bridge is the gas pipe line powering the phase 1. So there is accessibility for gas to power the proposed Phase 2 power plant.
*FOR INVESTORS THAT ARE INTERESTED IN INVESTING IN IBOM POWER PROJECT PHASE 2 TO INCREASE THE POWER GENERATION TO 500 MEGA WATT IN AKWA IBOM STATE, SOUTH-SOUTH NIGERIA.*
Akwa Ibom State *IBOM POWER PROJECT PHASE 1* currently is only utilizing 198 mega watt of electricity, which was licensed to the state by Federal Government.
For the phase 2 of the *IBOM POWER PROJECT,* the Federal Government have given the state a license to generate 500 Mega Watt for now. The state government is calling for Investors to come and invest in the POWER sector. The state government will have 20% shares in the Investment while the investor will retain 80% shares in the business. It is basically *BUILT, OPERATE and OWN.*
However, any interested investor should send a Letter Of Introduction introducing his/her company and indicating interest in investing in the IBOM POWER PROJECT. The Introduction Letter should be backed by a comprehensive *"COMPANY PROFILE"* which the state government would use to conduct due diligence on the company. The investor should also indicate that his/her company is *READY, WILLING and ABLE* to execute the project and that the company has the financial strength to undertake such a lofty project.
The investor should also mention in their Introductory Letter that they have mandated Mr. Bright Ukpong to present their company profile to the state government on their behalf while waiting for the Akwa Ibom State government to invite them officially to come and do their presentation. The investors will build the power plant up to 50% before handing over the PPA to them as well.
Letter of Introduction and Company Profile should be addressed to:
BI-CHALLY GLOBAL SYSTEM NIGERIA
No. 35 Park Road, Eket, Akwa Ibom State, Nigeria.
We look forward to seeing you during your presentation and doing business with you.
*PLEASE NOTE: THE EXECUTIVE SUMMARY FOR IBOM POWER PROJECT PHASE 2 AND OTHER RELEVANT DOCUMENTS LIKE LICENSING CAN ONLY BE HANDED OVER TO THE INVESTOR DIRECTLY BY AKWA IBOM STATE GOVERNMENT.*