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Ajakanga Waste-to-Energy Plant

Sector: Water Supply and Storage • Location: Nigeria

Source: World Bank Group

Project
Active

The waste-to-energy plant is located in Ajakanga village, Nigeria. The sponsor Highland Energy Solution Services Limited (HESSL) is developing the 5MW facility on a build, operate and transfer (BOT) basis. The private partner will either transfer or renew the contract for the facility to the Oyo State Government after 25 years of operation. The investment for the project is USD25 million which ar

Status
Prospective
Sector
Water Supply and Storage, Waste Processing and Treatment, Biomass, Government, Commercial
Location
Nigeria
Updated
22 Jul 2026
Source
World Bank Group

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The project “Ajakanga Waste-to-Energy Plant” is an infrastructure initiative in the Water Supply and Storage sector, located in Nigeria. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The waste-to-energy plant is located in Ajakanga village, Nigeria. The sponsor Highland Energy Solution Services Limited (HESSL) is developing the 5MW facility on a build, operate and transfer (BOT) basis. The private partner will either transfer or renew the contract for the facility to the Oyo State Government after 25 years of operation. The investment for the project is USD25 million which are solely financed by HESSL through Stanbic Bank. Financial close was achieved in 2015. Acucomm files

Original sector

Municipal Solid Waste

Budget

Location

Country

Nigeria

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Water Supply and Storage, Waste Processing and Treatment, Biomass, Government, Commercial

Article published date

2024-09-27

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