Liberia is positioning itself for one of the most significant U.S.-backed investments in its energy sector, as Tarpeh Global Initiative (TGI), a Liberian-owned and U.S.-registered company, has announced a groundbreaking proposal to build a 250-megawatt hybrid natural gas and hydrogen power plant valued at $500 million.
The proposed project aims to dramatically reduce Liberia’s longstanding electricity deficit and deliver stable, affordable power to homes and industries. According to TGI, the facility would support large-scale job creation, boost private-sector growth, and contribute to long-term national development.
During a presentation to government officials and partners, TGI Chairman and CEO James T. Tarpeh II outlined the consortium’s strategic plan and emphasized growing American confidence in Liberia’s improving business climate.
The consortium includes several major U.S. partners:
Southern Company – One of the United States’ leading energy corporations, designated to build, operate, and manage the power plant.
Nebula Energy – Tasked with supplying LNG and developing critical terminal infrastructure.
U.S. International Development Finance Corporation (DFC) – Expected to provide financing support and political risk insurance for the investment.
TGI’s delegation was formally received during a high-level meeting at the National Investment Commission (NIC) headquarters. NIC Executive Director Melvin Sheriff welcomed the proposal, reaffirming the Liberian government’s full backing.
Sheriff assured the investors that the project would receive strong institutional support and full protection under Liberia’s investment laws. “This initiative signals Liberia’s readiness for transformative energy development,” he said.
If approved and implemented, the project would mark one of the largest U.S.-led energy investments in Liberia’s history.
