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Title: Liberia: Amended Contract for the Liberian Electricity Company (LEC)

Language: English

Type: Document

Nature: Report

Published: April 1, 2013

Region: Sub-Saharan Africa (SSA)

Country: Liberia

Sector: Energy and Power

Topic: Fragile and Conflict-Affected States

Keywords: PPPs by Sector *, Energy and Power PPPs **, Liberia, Management contract, Fragile and Conflict-Affected States - FCS

Document Link(s):

Document Summary:

This series provides an overview of public-private partnership stories in various infrastructure sectors, where IFC was the lead advisor.

Document Details:

The brief explains how the IFC in coordination with other development partners, helped to bring private sector participation into the power sector in Liberia by structuring a partnership between the government of Liberia and a private partner. As there was a lack of market appetite for a fully private option, in April 2010, IFC concluded the design and tendering of a five-year management contract for the Liberia Electricity Corporation (LEC), the electricity utility in the capital city of Monrovia. Manitoba Hydro International (MHI) of Canada was awarded the management contract, and took over LEC operations on July 1, 2010. The European Union, Norway, USAID and the World Bank are providing $50 million in donor funds for the operator to greatly expand and improve electricity services in Monrovia between 2010 and 2015. The project expanded the reach of affordable electricity from 500 connections to ultimately serve 165,000 Liberians.

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