Corbetti Geothermal PLC and its drilling contractor, Marriott Drilling, officially executed project contract agreements during a signing ceremony hosted at the Embassy of Ethiopia.
Representatives from Corbetti Geothermal, project developer Taranis Operations, financial partner PIDG (Private Infrastructure Development Group) / InfraCo Africa, and drilling contractor Marriott Drilling convened during the signing ceremony.
The Embassy of Ethiopia reaffirmed its firm commitment and continued assistance towards driving the Corbetti Geothermal Project to successful completion.
Highlighting the high level of attention the Ethiopian Government accords to the project and emphasising the strong commitment of all relevant government ministries to ensuring its smooth execution, the Embassy further reiterated its ongoing support in addressing questions and maintaining a favourable framework for the realisation of the project.
Kevin Ziemer, Managing Director of Taranis Operations, commended the Ethiopian Governmentโs strong backing, describing the signing as a major achievement that underscores Ethiopiaโs growing position as an attractive destination for foreign direct investment.
The formal ceremony concluded with the official contract signing by Benoit Morelle (General Manager, Corbetti Geothermal) and Mario Campos (Drilling Manager, Marriott Drilling), accompanied by the Embassyโs Business Diplomacy Department team and partners.
