Nexant Awarded USAID Power Africa Contract
Feb 20, 2018
San Francisco----February 21, 2018---- Nexant, Inc. has been awarded the United States Agency for International Development (USAID) Power Africa Indefinite Delivery, Indefinite Quantity Contract (PA-IDIQ). The Multiple Award IDIQ has an overall shared ceiling price of $900 million over the life of the contract.
Nexant, serving as the Prime Contractor for the PA-IDIQ, will lead a Team of highly qualified engineering, finance, and legal sub-contractors and experts to assist USAID in delivering the goals of Power Africa: to enable electricity access through out Sub-Saharan Africa (SSA) by adding 30,000 Megawatts (MWs) of new and cleaner power generation and 60 million new electricity connections. The Power Africa Program brings together technical, financial, legal and development experts, the private sector, financial institutions and governments to work together in partnership to leverage investments to produce and deliver electricity for economic growth and improved quality of life throughout SSA.
“Nexant is pleased to have the opportunity to channel its development and power sector expertise and long standing experience on the African continent towards increasing the production and access to power to help improve the quality of lives and raise incomes of millions throughout SSA who have little or no access to electricity.” said Nexant’s Senior VP for Government Services, Matthew S. Mendis. “Nexant’s presence for over a decade in the African power sector provides it with a unique advantage of intimately knowing the landscape, challenges and proven solutions to effectively assist USAID with its Power Africa Goals. It brings a proven track record in SSA power development for driving policy, legal, regulatory and financial transactions to close.”
Nexant is a globally recognized software, consulting and services leader that provides innovative solutions to utilities, energy enterprises, chemical companies and government entities worldwide. Founded in 2000 and headquartered in San Francisco, Nexant and its 500+ employees work from global offices providing deep technical expertise and regional knowledge to improve customer engagement, boost operational efficiency, reduce costs and achieve superior business results. For more information on Nexant, go to www.nexant.com/about.