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EDS EXIMAG Solar Plant

Sector: Solar • Location: Senegal

Source: World Bank Group

Project
Active

The project entails the construction and operation of a 20-MW solar PV plant located in Louga region, Senegal. EDS EXIMAG S.A is a special purpose vehicle incorporated to undertake the project on behalf of the unknown USA investor.

The plant's output will be sold to the national off taker SENELEC under a 25 years Power Purchase Agreement.

Financing comprises EUR 21.9m 17-year-10-month term loan

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Project Information

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The project “EDS EXIMAG Solar Plant” is an infrastructure initiative in the Solar sector, located in Senegal. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

The project entails the construction and operation of a 20-MW solar PV plant located in Louga region, Senegal. EDS EXIMAG S.A is a special purpose vehicle incorporated to undertake the project on behalf of the unknown USA investor. The plant's output will be sold to the national off taker SENELEC under a 25 years Power Purchase Agreement. Financing comprises EUR 21.9m 17-year-10-month term loan arranged by FMO. Financial was signed on 11 May 2017, and was considered to have closed in September 2017. No information for equity contribution or investors name is available as of December 2017. Project was sourced from FMO website and WB library files. No further information is available.

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Source

Source reliability

High

Data quality score

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Source

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URL

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More Details

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