Sierra Leone: World Bank approves financing for HFO plant
Issue 329
- 05 Aug 2016
| 4 minute read
The World Bank Group announced on 14 July that it had approved a financing package for a $138m 57MW heavy fuel oil plant at the Kissy industrial site east of Freetown. The project, known as the Western Area Power Generation Project, is owned by CEC Africa SL, a special purpose vehicle owned 50.1% by Copperbelt Energy Corporation subsidiary CEC Africa Investments Ltd and 49.9% by Abu Dhabi-based Tempus Constant Qualitas Power Ltd (TCQ).
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