Azito Energie
Azito Energie is a privately held Ivory Coast-based independent power producer that owns and operates a thermal power plant in Abidjan, supplying electricity into the broader West African power grid. Founded in 1998, it is financed in part by development capital.
- Company typePrivate
- Founded1998
- HeadquartersAbidjan
- Headcount11–50
- GTM typeB2B
- OfferingServices
Azito Energie firmographics
Firmographics- Name
- Azito Energie
- Website
- https://azitoenergie.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Azito Energie is a privately held Ivory Coast-based independent power producer that owns and operates a thermal power plant in Abidjan, supplying electricity into the broader West African power grid. Founded in 1998, it is financed in part by development capital.
- Ownership category
- akta.pro rank
Azito Energie industry classification
Industry- Product category
- Independent Power Production (Thermal)
- NAICS
- Fossil Fuel Electric Power Generation (221112), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Thermal Power Plant EPC (Gas/Coal/Oil) (EUAEAAAA)
Keywords
Where Azito Energie is headquartered
LocationHeadquarters
- HQ city
- Abidjan
Markets served
Azito Energie business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Supply Chain, Personnel
Azito Energie product offering
Product offeringCore offering
Azito Energie owns and operates a thermal power plant in Abidjan, Ivory Coast, generating electricity that is supplied to other parts of West Africa through the regional power grid. The company functions as an independent power producer (IPP), converting fuel into electrical energy delivered to national utilities and the broader West African Power Pool under contracted offtake arrangements.
Differentiator
Problem solved
Functional benefit
Products and services
- Thermal Power Generation
Companies that use Azito Energie
Customer profileIdeal customer profiles1 record
Azito Energie technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Azito Energie competitors and assessment
Company assessmentDirect peers
- CIPREL (Compagnie Ivoirienne de Production d'Électricité): Ivory Coast-based thermal power IPP operating multiple gas-fired plants in Abidjan — the closest domestic peer to Azito, with comparable technology, customer base, and regulatory framework.
- Karpowership: Operates floating power plants (Powerships) supplying electricity to several West African states including Côte d'Ivoire; competes for the same regional baseload PPAs as Azito.
- Globeleq: UK-based African power company developing and operating utility-scale generation assets across sub-Saharan Africa, with a portfolio that includes thermal and renewable IPPs analogous to Azito.
- ContourGlobal: London-listed independent power producer with significant thermal and renewable generation across West Africa; highly comparable IPP business model serving the same regional customer pool.
Broad incumbents
- Eranove: French-headquartered pan-African utility platform owning CIPREL and operating electricity and water services across West Africa — broader incumbent that competes in the same Ivorian power market.
- Aggreko: Global temporary and modular power solutions provider active in West Africa, including grid-scale thermal supply — overlaps with Azito on large-scale power provision to African utilities.
Regional players
- Cenpower Generation: Ghana-based thermal IPP operating a 350MW combined-cycle plant under PPA with ECG — directly comparable asset class and West African regional positioning to Azito.
- Mainstream Energy Solutions: Nigerian independent power producer focused on gas-to-power projects; comparable thermal IPP model targeting West African utilities, though operating in a different national market.
Others
- Norfund: Norwegian development finance institution investing in renewable IPPs across Africa — relevant as a comparable DFI capital provider to BIO that finances Azito's peer set.
Emerging players
- Voltalia: Renewable-focused IPP with growing West African presence; representative of the renewable substitutes that increasingly compete with thermal IPPs like Azito for new offtake contracts.
Market position
Customer concentration
Azito Energie social profiles
Digital presenceAzito Energie financial estimates
Financial estimateRevenue estimate
Valuation estimate
Azito Energie leadership team
Management profileNumber of profiles
Azito Energie funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Azito Energie M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Azito Energie
What does Azito Energie do?
Azito Energie owns and operates a thermal power plant in Abidjan, Ivory Coast, generating electricity that is supplied to other parts of West Africa through the regional power grid. The company functions as an independent power producer (IPP), converting fuel into electrical energy delivered to national utilities and the broader West African Power Pool under contracted offtake arrangements.
When was Azito Energie founded?
Azito Energie was founded in 1998. It employs 11 to 50 people.
Where is Azito Energie based?
Azito Energie is headquartered in Abidjan.
Who are Azito Energie's main competitors?
Direct peers on record are CIPREL (Compagnie Ivoirienne de Production d'Électricité), Karpowership, Globeleq and ContourGlobal. Broad incumbents are Eranove and Aggreko. Regional players are Cenpower Generation and Mainstream Energy Solutions. Norfund is listed as an others. Voltalia is listed as an emerging player.
Does Azito Energie have an API?
No public API is recorded for Azito Energie.
What industry is Azito Energie in?
Azito Energie's product category is Independent Power Production (Thermal). Its primary akta.pro industry code is EUAEAAAA, Thermal Power Plant EPC (Gas/Coal/Oil). Its NAICS code is 221112 and its SIC code is 4991.