Bobonong and Shakawe solar PV plants

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The project involves the construction of Bobonong (3MW) and Shakawe (1MW) solar PV plants in Botswana. Sponsor is Sturdee Energy, an independent power producer (IPP). Sturdee Energy took part in a competitive tender for grid-tied solar projects issued by the Botswana Power Corporation (BPC) and signed a 25-year power purchase agreement. The solar assets are being financed on a non-recourse project finance basis via two special purpose vehicles and responsAbility Investments provided the $5 million long-term debt. Financial close was achieved on 17 August, 2022. https://sturdee-energy.com/bobonong-3mw-and-shakawe-1mw-solar-pv-projects-botswana/ https://www.responsability.com/en/press-releases/climate-fund-catalyzes-first-grid-connected-solar-assets-in-botswana https://www.afrik21.africa/en/botswana-responsability-finances-two-solar-projects-4-mw-in-bobonong-and-shakawe/ https://africa-energy-portal.org/news/botswana-responsability-finances-two-solar-projects-4-mw-bobonong-and-shakawe