Driving energy transformation in West Africa

Beltone congratulate Go Gas Holding and Madkour Holding on the signing of the Joint Development Agreement to develop Mauritania’s first gas-to-power project.

Beltone Investment Banking, is proud to act as the exclusive financial advisor to Go Gas Holding on the development of the Banda and Tevet gas fields in Mauritania, supporting the structuring and raising of the required debt and equity financing for the project. Gas produced from these fields will play a key role in supplying the power generation facility announced under this landmark agreement.

This flagship development is expected to unlock ~1.3 trillion cubic feet (TCF) of gas resources, supporting a gas-to-power project targeting 200 MW in Phase 1, with the potential to scale up to 365 MW of generation capacity. The project will play a pivotal role in strengthening Mauritania’s energy infrastructure while advancing industrial growth and regional energy integration across West Africa.

Through Beltone Investment Banking, the Group continues to advise on landmark infrastructure and energy projects, mobilizing capital and supporting strategic investments that drive sustainable economic growth across emerging markets.