US Energy Investor Hydro-Link and the Government of the Democratic Republic Of Congo Sign Major Agreement to Deliver Excess Hydropower from Angola to the DRC through $1.5 Billion Power Cross-Border Transmission Line

Washington, DC — Today at the USA-DRC Economic and Investments Forum in Washington, D.C., His H.E. Mr. Aimé Sakombi Molendo, Minister of Hydraulic Resources and Electricity, Democratic Republic of the Congo (DRC) and Paul Hinks, Chairman and CEO of New York-based energy investor HYDRO-LINK signed a Memorandum of Understanding (MoU) to build a 1,150-kilometer (720 miles), $1.5 billion electricity transmission line between Angola and the DRC.

The mining and industrial sectors of the DRC, a…