Guinea: InfraCo commits $3.1m to solar project
- 18 Jan 2018
| 1 minute read
InfraCo Africa, part of the Private Infrastructure Development Group, announced on 15 January that it has committed $3.1m to the 40MW Khoumagueli solar photovoltaic (PV) project. The commitment came with the signing of a joint development agreement with Solvéo Guinea Renewable Energy – the project company – and its owners Solvéo Energie SAS and Solvéo International Investments, both part of Solvéo Group. InfraCo Africa will take a 45% stake in the project, which is targeting financial close in Q1 2019 and commercial operations in Q1 2020, with the remainder held by Solvéo.
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map