Tcq Power
TCQ Power is a Beirut-headquartered independent power project developer founded in 2012 that finances and delivers utility-scale energy infrastructure in Sub-Saharan Africa, with a 105MW CCGT flagship project in Sierra Leone sold under a 22-year government PPA.
- Company typePrivate
- Founded2012
- HeadquartersBeirut, Lebanon
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Tcq Power does
TCQ Power Ltd. is an independent power project developer founded in 2012 and headquartered in Beirut, Lebanon, with a project office in Freetown, Sierra Leone. The company specializes in structuring, financing, and delivering utility-scale energy infrastructure in high-growth markets, with a strategic focus on Sub-Saharan Africa. Its sole operating entity is Nant Power, a Sierra Leone-registered subsidiary executing the flagship Nant Project. Headcount is reported at 1-10 employees, consistent with a lean project-development organization.
The company's core product is the Nant Project — a 105MW multi-fuel Combined Cycle Gas Turbine (CCGT) power plant in Freetown, Sierra Leone, designed to roughly double the country's electricity generation capacity and supply approximately 25% of on-grid electricity, serving an estimated 1.8 million people. The plant uses Siemens turbine technology and is being built by Shapoorji Pallonji under a 22-year Power Purchase Agreement with EDSA and the Government of Sierra Leone. Total project investment is $417M+, backed by the U.S. International Development Finance Corporation (DFC). The asset transitions Sierra Leone's grid from expensive diesel generation to natural gas, with reported generation costs 42% lower than legacy infrastructure. Construction began in 2026 with first power targeted for Q4 2027. A planned LNG Expansion, including an agreement to develop the first U.S. LNG terminal in West Africa, is in the project pipeline.
Revenue mechanics rely on long-duration, government-backed PPAs rather than merchant or retail pricing. Distribution is direct B2G: electricity flows to EDSA and into Sierra Leone's national grid. The company generates no revenue today and is pre-revenue until the Nant Project commences operations. Customer base is entirely governmental — effectively a single counterparty — creating concentrated sovereign and payment risk that is offset only by the long-dated PPA structure and DFC's involvement.
Tcq Power firmographics
Firmographics- Name
- Tcq Power
- Legal name
- TCQ Power Ltd.
- Website
- https://tcqpower.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TCQ Power is a Beirut-headquartered independent power project developer founded in 2012 that finances and delivers utility-scale energy infrastructure in Sub-Saharan Africa, with a 105MW CCGT flagship project in Sierra Leone sold under a 22-year government PPA.
- Ownership category
- akta.pro rank
Tcq Power industry classification
Industry- Product category
- Utility-Scale Power Generation Services
- NAICS
- Fossil Fuel Electric Power Generation (221112), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Utility-Scale Combined-Cycle Gas Turbine (CCGT) Generation (EUACABAA)
- akta.pro secondary industries
- Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield) (EUACABAI), LNG-to-Power (FSRU/Regas-Fed Gas Power Plants) (EUACABAG)
Keywords
Where Tcq Power is headquartered
LocationHeadquarters
- HQ city
- Beirut
- HQ country
- Lebanon
- HQ region
- Middle East
Offices2 records
Markets served
Tcq Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations
Revenue model
- Power Purchase Agreement (PPA) Revenue: TCQ Power generates revenue through a 22-year Power Purchase Agreement with EDSA (Electricity Distribution and Supply Authority) and the Government of Sierra Leone. The Nant Project sells electricity generated from the 105MW CCGT facility to the national grid, providing approximately 25% of Sierra Leone's on-grid electricity. Revenue is secured through the long-term PPA structure, providing predictable cash flows over the contract term.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Tcq Power product offering
Product offeringCore offering
TCQ Power is an independent power project developer that structures, finances, and delivers utility-scale energy infrastructure across high-growth markets, primarily Sub-Saharan Africa. Its core offering is the Nant Project — a 105MW multi-fuel Combined Cycle Gas Turbine (CCGT) power plant in Freetown, Sierra Leone, built by Shapoorji Pallonji using Siemens technology and operating under a 22-year Power Purchase Agreement with EDSA and the Government of Sierra Leone. The company also pursues an LNG Expansion initiative for West Africa.
Product overview
TCQ Power is an independent power project developer offering a unified service of structuring, financing, and delivering utility-scale generation assets across high-growth markets. The core offering consists of The Nant Project — a 105MW CCGT power plant in Sierra Leone operated through the sub-brand Nant Power — alongside a planned LNG Expansion initiative for West Africa. The portfolio is delivered through early-stage conceptualization and execution of energy infrastructure, with projects backed by institutions such as the U.S. International Development Finance Corporation (DFC).
Differentiator
Problem solved
Functional benefit
Products and services
- The Nant Project A 105MW multi-fuel Combined Cycle Gas Turbine (CCGT) power plant in Freetown, Sierra Leone, built by Shapoorji Pallonji using Siemens technology, secured under a 22-year Power Purchase Agreement with EDSA and the Government of Sierra Leone, designed to supply approximately 25% of the country's on-grid electricity.
- Nant Power (Operating Entity) TCQ Power's local Sierra Leone operating subsidiary responsible for executing and managing the Nant Project power plant and on-the-ground operations.
- LNG Expansion Planned LNG expansion initiative within TCQ Power's project portfolio, including a landmark agreement to develop the first U.S. LNG terminal in West Africa to extend the firm's gas-to-power footprint.
Quantifiable outcome
- ~25% of Sierra Leone's on-grid electricity supply
- +3 more outcomes
Companies that use Tcq Power
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Tcq Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Tcq Power partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- Shapoorji PallonjicoreShapoorji Pallonji is the engineering, procurement, and construction (EPC) contractor for the Nant Project, responsible for building the 105MW CCGT power plant in Freetown, Sierra Leone.
- SiemenscoreSiemens provides the technology and equipment for the 105MW CCGT power plant, ensuring reliable and proven turbine technology for the facility.
- EDSA (Electricity Distribution and Supply Authority)coreEDSA is Sierra Leone's national electricity distribution authority and the off-taker for the Nant Project. A 22-year Power Purchase Agreement is in place with EDSA and the Government of Sierra Leone.
- Government of Sierra LeonecoreThe Government of Sierra Leone is a key partner in the Nant Project, providing regulatory support and signing the landmark 22-year Power Purchase Agreement for the country's first gas-to-power plant.
- Nant PowercoreNant Power is TCQ Power's local operating entity in Sierra Leone, responsible for executing and managing the Nant Project. The subsidiary handles on-the-ground operations for the flagship power project.
Scale indicators8 records
Recent moves6 records
Expansion highlights4 records
Tcq Power competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tcq Power social profiles
Digital presenceTcq Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tcq Power leadership team
Management profileNumber of profiles
Profiles3 records
Tcq Power subsidiaries and ownership
Company hierarchySubsidiaries1 record
Tcq Power funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tcq Power 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 Tcq Power
What does Tcq Power do?
TCQ Power is an independent power project developer that structures, finances, and delivers utility-scale energy infrastructure across high-growth markets, primarily Sub-Saharan Africa. Its core offering is the Nant Project — a 105MW multi-fuel Combined Cycle Gas Turbine (CCGT) power plant in Freetown, Sierra Leone, built by Shapoorji Pallonji using Siemens technology and operating under a 22-year Power Purchase Agreement with EDSA and the Government of Sierra Leone. The company also pursues an LNG Expansion initiative for West Africa.
Is Tcq Power a public or private company?
Tcq Power is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Tcq Power founded?
Tcq Power was founded in 2012. It employs 1 to 10 people.
Where is Tcq Power based?
Tcq Power is headquartered in Beirut, Lebanon, in the Middle East region.
How does Tcq Power make money?
One revenue line is on record: power Purchase Agreement (PPA) Revenue.
Does Tcq Power have an API?
No public API is recorded for Tcq Power.
What industry is Tcq Power in?
Tcq Power's product category is Utility-Scale Power Generation Services. Its primary akta.pro industry code is EUACABAA, Utility-Scale Combined-Cycle Gas Turbine (CCGT) Generation, with a secondary code of EUACABAI, Gas-Fired Power Plant Development & IPP Ownership (Greenfield/Brownfield). Its NAICS code is 221112 and its SIC code is 4991.