New York’s Symbion Power won a bid to produce electricity from methane trapped in a lake in eastern Democratic Republic of Congo, the country’s oil minister Didier Budimbu Ntubuanga told Bloomberg. Symbion’s CEO Paul Hinks confirmed the company won the Makelele methane gas block on Lake Kivu with its partner Renewable Energy Developments. The company proposed a 60-megawatt gas-to-electricity project, in one of the world’s least-electrified nations. “This is a large investment with a price tag of at least $300 million,” Hinks said. “We are also considering investing in our own private transmission network so we can wheel the power we produce across the region.” Lake Kivu is shared by Congo and Rwanda and contains enough methane to produce an estimated 700 megawatts of electricity over more than 50 years. Read more at the link in our bio or visit: bloomberg.com/green 📷: Luke Dennison/AFP/Getty Images