Sonelgaz Plans $5B Investment in 2025

Algeria’s state-owned utility, Sonelgaz, announced plans to invest approximately $5 billion in 2025 to enhance electricity production capacity and improve service quality.

The 2025 investment plan focuses on connecting agricultural operations, industrial zones, remote areas and seawater desalination plants to the national electricity grid. It also includes the deployment of carbon monoxide detection systems and the advancement of renewable energy projects.

Furthermore, Sonelgaz aims to expand electricity exports to European and African markets within the next three years, leveraging surplus production capacity. The company has signed strategic agreements with Algeria’s national oil company Sonatrach, energy major Eni and other European and West African energy firms to advance electricity and green hydrogen exports.