Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Algeria Seeks Partners for $60 Billion Renewables Plan, FTD Says

Algeria is seeking partners to carry out a $60 billion shift to clean-energy sources, Financial Times Deutschland reported, citing Noureddine Boutarfa, the head of state-owned energy group Sonelgaz.

Sonelgaz has a target to supply 40 percent of the nation’s power demand with renewables by 2030, the German newspaper said. While German companies are welcome to team up with Sonelgaz because of their technological expertise, they must bid at competitive prices, Boutarfa told FTD.

Algeria is Africa’s largest natural-gas producer. It would rather export more gas and invest the proceeds in clean-energy generators that create jobs at home, than sell subsidized fuel domestically to meet growing demand, the newspaper said.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.