Nigeria: New solar schemes

Issue 345 - 05 May 2017 | 3 minute read

Growing investor interest in Nigeria’s solar power sector was highlighted during April with the signing of agreements related to the development and financing of several planned utility-scale projects. InfraCo Africa announced on 20 April that it is to provide $1.65m to co-finance the development of a 50MWp project in the northern state of Kaduna. InfraCo, owned by the Private Infrastructure Development Group, said it had signed a convertible loan agreement totalling $1.25m with Access Quaint Solar Nigeria, the developer of the Abiba Solar project, a ground-mounted scheme at Manchok.

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