Summary:

On 1 July 2026, ACWA Power, a leading Saudi developer and operator of power generation and desalinated water plants, signed a long-term public-private partnership (PPP) and power purchase agreement with the Government of Mauritania for the development of the 230 MW N’diago combined cycle gas turbine power project, with a total investment of around USD 700 million. 

The project will be developed through ACWA’s subsidiary N’diago Energy Company, in which it holds a 60% stake, under a contractual structure combining a PPP agreement with the government and a gas-to-power arrangement with Mauritania’s national power utility SOMELEC. 

The scope covers the full lifecycle of the project, including design, financing, construction, and long-term operation and maintenance, under a 25-year contractual framework linking electricity generation and fuel supply. 

Outlook: 

The agreement reflects the Mauritanian government’s continued strategy of attracting strategic foreign investors to accelerate the development of critical energy infrastructure.  

As the country’s first large-scale gas-fired independent power project, it also marks a shift toward greater private sector participation in the power sector, signaling a broader evolution in the government’s approach to electricity generation. 

With electricity demand expected to continue rising, similar partnerships are likely to remain central to Mauritania’s long-term energy development strategy. 

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