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Ambatolampy Solar PV Plant

Sector: Power Generation (CCGT) • Location: Madagascar

Source: World Bank Group

Project
Active

The project entails the construction of 20MW Ambatolampy solar PV plant in southeast Madagascar, Vakinankaratra region. Sponsors of the project are GreenYellow and Axian. The amount of equity is unknown. Debt providers are Societe Generale, Banque Malgache de L'ocean Indien and Banque Nationale d’Investissement Madagascar.The USD19 million debt financing had also USD13.1 million in local guarantee

Status
Prospective
Sector
Power Generation (CCGT), Power Transmission, Solar, Commercial, Government
Location
Madagascar
Updated
22 Jul 2026
Source
World Bank Group

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The project “Ambatolampy Solar PV Plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Madagascar. 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 project entails the construction of 20MW Ambatolampy solar PV plant in southeast Madagascar, Vakinankaratra region. Sponsors of the project are GreenYellow and Axian. The amount of equity is unknown. Debt providers are Societe Generale, Banque Malgache de L'ocean Indien and Banque Nationale d’Investissement Madagascar.The USD19 million debt financing had also USD13.1 million in local guarantees from GuarantCo and African Guarantee Fund. GreenYellow signed a 25-year power purchase agreement with national energy utility JIRAMA. Financial close was reached on October 16th,2020.

Original sector

Energy

Budget

Location

Country

Madagascar

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Power Transmission, Solar, Commercial, Government

Article published date

2024-06-03

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