Beltone has extended its congratulations to Go Gas Holding and Madkour Holding following the signing of a Joint Development Agreement (JDA) to establish Mauritania’s inaugural gas-to-power project.
Beltone Investment Banking is serving as the exclusive financial advisor to Go Gas Holding for the development of the Banda and Tevet gas fields. In this capacity, Beltone is supporting the structuring and raising of the necessary debt and equity financing for the venture. Natural gas produced from these fields will serve as the primary fuel source for the power generation facility established under this landmark agreement.
This flagship development is projected to unlock approximately 1.3 trillion cubic feet (TCF) of gas resources. The integrated gas-to-power project targets an initial generation capacity of 200 MW in Phase 1, with the potential to scale up to 365 MW.
The initiative is expected to play a pivotal role in strengthening Mauritania’s energy infrastructure while advancing industrial growth and regional energy integration across West Africa. Through its investment banking arm, Beltone continues to advise on significant infrastructure and energy projects, mobilizing capital and supporting strategic investments intended to drive sustainable economic growth across emerging markets.
