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Dallas investor signs power-supply deal in Ghana

Mon, 6 Aug 2007 Source: Dallas Business Journal

A company owned by Dallas real estate mogul Gene Phillips has landed a $3 billion deal with the African country of Ghana to refurbish a barge to generate electricity for the power-starved nation.

A company owned by Dallas real estate mogul Gene Phillips has landed a $3 billion deal with the African country of Ghana to refurbish a barge to generate electricity for the power-starved nation. Ghana has a severe electricity shortage brought on by rapid population growth and drought in north Africa. The drought has limited the country's ability to generate hydroelectric power.

Source: Dallas Business Journal