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Cote d’Ivoire: IFC leads financing for 390MW natural gas-fired power plant

The International Finance Corporation (IFC) announced the signing of a €303 million financing package for a new gas-fired power project in Côte d’Ivoire.

The new Atinkou power plant consists of a 20-year concession to develop and operate a 390MW natural gas-fired power plant located about 40 kilometres west of Abidjan.

By using highly efficient combined-cycle turbine technology, the plant will substantially contribute to reducing Côte d’Ivoire’s generation costs and GHG emissions, in part, through the displacement of older generation units.

The sponsor of the project is the Eranove Group, a leading industrial group that manages a number of water and electricity assets in West and Central Africa.

Read more from source article: https://africa-energy-portal.org/news/cote-divoire-ifc-leads-financing-390mw-natural-gas-fired-power-plant

Click here to subscribe for GetFundedAfrica Newsletters: https://getfundedafrica.com/pricing-plans/

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