Investors riled as Ghana arrears build and renegotiations bite

In depth
Issue 404 - 21 Nov 2019 - By Dan Marks | 7 minute read

In contrast to South Africa, where the government has managed to cool tempers inflamed after announcements that IPP tariffs might be renegotiated, officials in Ghana appear to be fanning the flames. IPPs are being pushed to renegotiate the terms of contracts at the same time as arrears from the Electricity Company of Ghana (ECG) are growing. One financier involved with several projects told African Energy that talks were under way between IPPs and the Ministry of Finance to resolve arrears without liquidity support facilities having to be drawn.

Tagged with:

Pin Ghana

Want to read more?

Extra Large Article


(Access to one African Energy article)

Subscribe to African Energy

View subscription options

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