AIIM Hydroneo was established in 2015 as a 50/50 joint venture between AIIM and Hydroneo Afrique, a wholly-owned subsidiary of MECAMIDI.

AIIM Hydroneo will unlock the hydro power potential in Africa mainly through run-of-river hydro power plants, which have less of an environmental and social impact than large-scale hydro power projects. These hydro power plants will better serve the growing energy demands across Africa, and facilitate the long-term economic growth and competitiveness of the continent.