Beacon Power Services Nigeria Limited
Sector: Waste Processing and Treatment • Location: Nigeria
Source: European Bank for Reconstruction and Development (EBRD)
Provision of a senior corporate loan of up to USD 10 million to Beacon Power Services Nigeria Limited ("BPSN") and Beacon Power Services Corporation ("BPS") to scale up operations and deploy technical solutions to six of Nigeria's eleven distribution companies ("DisCos"). The financing will support investments in and operation of smart metering equipment for electricity utilities enabling optimal
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | approved |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Provision of a senior corporate loan of up to USD 10 million to Beacon Power Services Nigeria Limited ("BPSN") and Beacon Power Services Corporation ("BPS") to scale up operations and deploy technical solutions to six of Nigeria's eleven distribution companies ("DisCos"). The financing will support investments in and operation of smart metering equipment for electricity utilities enabling optimal use of BPS's software solutions (the "Project"). Nigeria's distribution sector has been experiencing challenges and BPS's technologies is addressing these challenges by reducing electricity losses and improving revenue collection through technology solutions. Total Project cost is estimated at USD 20 million, with USD 7.5 million co-financed through a parallel loan facility and the remainder through equity contributions. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |