Beltone Holding is participating in the financing and structuring of Mauritania’s first gas-to-power development, following a Joint Development Agreement signed by Go Gas Holding and Madkour Holding to advance the Banda and Tevet gas fields. Under the mandate, Beltone’s investment banking arm will serve as exclusive financial advisor to Go Gas Holding, supporting the arrangement of debt and equity funding required for upstream field development and the planned power generation facility. The gas produced from the fields is expected to serve as the project’s primary fuel source. The project aligns with Mauritania’s strategy to strengthen its energy infrastructure, improve supply reliability, and support economic activity and industrial growth. For financial advisors and developers, the transaction highlights the continuing opportunities in frontier energy markets, particularly in projects that integrate upstream resource development with downstream power generation.

Source: Daily News Egypt March 15, 2026 18:52 UTC