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Symbion Power (Washington, DC)

$100M Equity Investment Agreement for Rwanda Methane Gas Projects

Symbion Energy and Highland Group Holdings Ltd. (HGHL) signed an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda's Lake Kivu, which contains an estimated 55 billion cubic meters of naturally occurring methane gas. The agreement was announced by Symbion CEO Paul Hinks at the signing ceremony in New York City. 

During the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu. L- R: USAID’s Acting Assistant Administrator for Africa Cheryl L. Anderson; Paul Hinks, CEO Symbion; Lord Irvine Laidlaw, Chairman at HGHL and Chief Executive Officer, Hon. Clare Akamanzi, Rwanda Development Board and a Member of President Kagame’s cabinet.

Following the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu. L- R: USAID’s Acting Assistant Administrator for Africa Cheryl L. Anderson; Lord Irvine Laidlaw, Chairman at HGHL; Chief Executive Officer, Hon. Clare Akamanzi, Rwanda Development Board and a Member of President Kagame’s cabinet; Alexis Kabuto, CEO, Symbion Lake Kivu; Paul Hinks, CEO, Symbion; Albert Jochems, Laidlaw Capital Management.

Lord Irvine Laidlaw, Chairman at HGHL and Alexis Kabuto, CEO, Symbion Lake Kivu shake hands following the signing between Symbion Energy and Highland Group Holdings Ltd. (HGHL) of an agreement that sees HGHL co-invest $100 million towards the implementation of a $370 million, 106 megawatts of methane gas generated power on Rwanda’s Lake Kivu.

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