Native name | Sociedad de Electricidad de Guinea Ecuatorial |
---|---|
Company type | Public |
Industry | Electricity |
Predecessor | SONER ENERGE |
Founded | 2001 |
Headquarters | Malabo , Equatorial Guinea |
Area served | Equatorial Guinea |
Key people | H.E. Eugenio Edu Ndong (Minister of Industry and Energy and Chairman of the Board) |
Products | Electric power |
Production output | 390.47 MW |
Services | Electric power transmission |
Owner | Government of Equatorial Guinea |
Number of employees | 1,598 |
Parent | SEGESA Holding |
Divisions | SEGESA Comercial SEGESA Generación SEGESA Transmisión |
Website | http://www.segesa.gq/ |
SEGESA (stands for Sociedad de Electricidad de Guinea Ecuatorial) is the national electricity company of Equatorial Guinea, with its head offices in Malabo, Equatorial Guinea. It is the sole operator of the electricity sector of Equatorial Guinea.[citation needed] The company was created in November 2001 by a merger of the national rural electrification company SONER and the national electricity corporation ENERGE.[1] In 2013 the company was reorganized into three units: SEGESA Comercial for distribution and sales, SEGESA Generación for generation activities and SEGESA Transmisión for transmission.[2] The three units are overseen by SEGESA Holding.
Equatorial Guinea has two main electricity systems, for Bioko Island, and for the continental Rio Muni region. SEGESA has 730 employees across the three business units in Malabo for the Bioko system, and 823 employees in Bata and the continental region.
The primary lawmaking body for national electricity policy in Equatorial Guinea is the Ministry of Industry and Energy. The Ministry is responsible for regulation and compliance in the sector. Specific laws that deal with power sector management, tariffs and operations were passed in 2002 and 2005. Private companies wishing to invest in the sector must obtain licenses from the Ministry and can enter partnerships with SEGESA.
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