We Have Many Years of Experience in the Field

Highlights

• 2003

  Asilea was incorporated in the US by ex-KMR Power Corporation, AES corporation and later ex.EDF members.

• 2004

  Asilea, as part of the K&M team, advised Senelec (Senegal) on the 67 MW Kounoune IPP tender and PPA negotiations leading to closing and execution of the project.

• 2006

  Asilea advised Sierra Rutile mining in Sierra Leone to secure short, medium and long-term power

• 2008

  Asilea advised ECCO, part of the Zamil Group (Middle East Developer) on development and financing of utilities services companies in the Middle East including the 40,000 T/day Hadeed District Cooling Plant (DCP) in Jubail Saudi. 

• 2009

  Asilea executed a MoU with local developer to undertake the development of the small Lily hydroelectric Project in Madagascar and undertook the development and the raising of funding.

• 2011

  Asilea was part of the team advising EGL in the central region of Africa in the structuring of 147 MW PPP Ruzizi 3 hydroelectric project. 

• 2012

  Asilea was part of the K&M team undertaking on behalf of the Government the commercial, financial and technical audit of the Ambatovy Nickel Mine in Madagascar which included 120 MW power installed capacity.     

• 2013

  Asilea Enterprise Corporation (AEC) was incorporated in the US to undertake small to medium sized scale sustainable power project development, particularly in the hydroelectric sector.

• 2013

  Asilea team was assigned to AEC to develop the WMD Project.

• 2014

  AEC acquired the Walker Mill Dam (WMD) site for rehabilitation in Schuyler Virginia, US and initiated development.

• 2015

  AEC completed all permitting for its WMD Project.

• 2016

  AEC executed the long term PPA for its WMD project with Appalachian Power (APCO) a subsidiary of AEP, a public traded utility in the US.

• 2016

  Asilea Managing Member and founder, Frederic Reveiz, was appointed, as part of the Power Africa team, as Lead Investment Officer at the African Development Bank (AfDB) for power private sector operation. During his time at the AfBD, Mr. Reveiz participated in the financial close of two hydro-IPPs in Africa.

• 2018

  AEC shareholders executed a stock purchase agreement with Rickly Hydrological Co, Inc. (Rickly), for Rickly to acquire interest in AEC.

• 2019

  Rickly took partial ownership on AEC. WMD project financial close was completed and construction was initiated. As part of our social responsability engagement we invested and supported a small agrobusiness in Côte d´Ivoire.

• 2020

  Our US new investment company, Asilea Green Corp (AGC), was incorporated and funded.
  ÔMoulin SA was incorporated in France.
  Acquisition of Moulin de Maurel site in  Mazamet France was completed.

   

• 2021

  WMD project was refinanced, Riclky transfered ownership and a new partner was brought. EPC to complete was executed with Littoral Power Systems Inc.(LPS).
  Acquisition of Moulin de la Terrièré hydro site was completed.
  Agreement to acquire  Harris Bridge Hydro site in Virginia was executed.

• 2022

  WMD is under construction.
  Derek Martin joined as partner of Asilea´s group and as board member.
  Guillaume Charon  joined Asilea´s group as partner and as board member of operations in France.
  Acquisition of Harris Bridge hydro was completed.