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HYDRO-LINK partners with the Government of Angola and Mitrelli Group to develop a $1.5B power line between Angola and DRC.

Jul 06, 202510 days ago

Contract Type

partnership

LuandaRenewable EnergyOil And GasEnergy

Description

HYDRO-LINK has signed multiple agreements to develop a $1.5 billion transmission line aimed at addressing power shortages in the DRC. The project will connect Angola's hydropower resources with energy-hungry mining regions in the DRC. It promises to enhance energy security and foster local job creation.

Company Information

Company

HYDRO-LINK

Location

Luanda, Luanda Province, Angola

About

HYDRO-LINK is a firm focused on developing energy solutions for regions with power shortages. They specialize in creating transmission lines that promote regional energy integration. With several projects underway, they aim to support local economies and boost energy security. The company is actively engaged in partnerships to enhance infrastructure in Africa.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months