Ghana power map, cropped

Electricity Company of Ghana starts to repay debts to IPPs

Issue 503 - 01 Apr 2024 - By Marc Howard | 6 minute read

The start of arrears payments by Electricity Company of Ghana (ECG) has brought some respite to independent power producers’ balance sheets. Although Ghana’s economic recovery still hinges on the conclusion of an IMF programme and wider debt restructuring, private investors have been able to win better terms for their power projects – which is important, as more capacity will be needed to meet rising demand.

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