Nigeria: IFC and Alten to build 120MW solar PV


Issue 314 - 17 Dec 2015 | 1 minute read

The International Finance Corporation (IFC) has signed a joint development agreement with an international consortium for a 120MW solar photovoltaic (PV) power plant in Lokoja, Kogi State. IFC InfraVentures will provide development funding and commercial and technical support through the Middle Band Solar One project company, an IFC statement said. The project company is owned by a consortium of Alten Energías Renovables’ Africa-focused subsidiary Alten Renewable Developments Africa, Germany’s Green Continent Partners Holding, and local firm Nemoante. Financial close is expected by Q4 2016.

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