Deputy Managing Director
Addax Bioenergy Sierra Leone
Addax Bioenergy is the latest division of the Swiss-based energy corporation, Addax & Oryx Group (AOG). Founded in 1987, Addax now looks back on 20 years experience investing and operating businesses in the sub-Saharan African oil & gas value chain, which has made the Group a key player in the African energy industry. See also http://www.addax-oryx.com Addax Bioenergy intend to establish an integrated Greenfield sugarcane plantation and ethanol distillery in the Makeni region in Sierra Leone producing ethanol, electricity, biogas and food. It will be capable of producing up to 170’000 m3 of ethanol per annum, primarily for export to the European market. The biomass-fuelled power plant will achieve an excess capacity of up to 30 MW available to industry and consumers. Sierra Leone offers suitable climatic conditions and soils for the production of agricultural produce; food and feedstock. Good logistics and free-trade agreements with the EU make it a location of choice for the Addax project. Addax is working together with seven Development Financing Institutions (DFI) to realise and develop this project; EU-EFP-EIB, EAIF-UK, DEG-Germany, FMO-Holland, OEB-Austria, Swedfund-Sweden, as well as the AfDB-Africa. Addax follows the laws of Sierra Leone as well as the latest strict EU sustainability standards in terms of the protection of the environment, greenhouse gas emissions and social responsibilities and also the IFC Performance Standards (World Bank). The project design rest on four pillars with respect to social, ecological and financial sustainability and on close cooperation with local communities, local authorities and the Government of Sierra Leone.