Executive Summary
INVESTMENT & PARTNERSHIP OPPORTUNITY IN A GEOTHERMAL POWER PLANT PROJECT IN GERMANY *INTRODUCTION* I'm Adedamola the CEO of DAMOMARG & CO an engineering company in Nigeria. I've got a strategic partnership in a geothermal power plant project with my business partner from Germany. *INVESTMENT & PARTNERSHIP OPPORTUNITY IN A GEOTHERMAL POWER PLANT PROJECT IN GERMANY* 🇩🇪 *COMPANIES INVOLVED* : Damomarg & CO and Eureci projects. *INVESTMENTS* We are raising €6B for a 2GW power plant project. *PROJECT SUMMARY* We're planning to build approximately 30 potential Geo power plants, with a total capacity of 60 GW. The technologies and machinery are available. *OPERATING COSTS* - €90 million per year. *CONSTRUCTION COSTS* - €2B for the vertical tunnel only - €2B for steam turbine connections - €1B for Tunnel boring machine *REVENUE POTENTIAL* : 📈 €1B Expected to be generated from a 2GW power plant per year. *PROJECT DURATION* - 5 years *EQUITY PARTICIPATION* : - Direct equity stakes minimum of $60M - Early stage equity participation $5M
Opportunity Overview
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About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
Contacts List
Adedamola Samson Olagoke
I'm an industrial Engineer and a director that plays a crucial role in providing strategic guidance and oversight. I'm responsible...
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
List of Products
| Code | Level | Title | Definition |
|---|---|---|---|
| 26131502 | Commodity | Geothermal power plants | |
| 26131507 | Commodity | Solar power plants | |
| 26131510 | Commodity | Thermal power plants | |
| 26131509 | Commodity | Wind power plants | |
| 26131504 | Commodity | Gas power plants | |
| 26131501 | Commodity | Diesel power plants | |
| 26131503 | Commodity | Hydro power plants | |
| 26131508 | Commodity | Steam power plants | |
| 26131506 | Commodity | Petrol power plants | |
| 12141716 | Commodity | Germanium Ge |
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
