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EDS EXIMAG Solar Plant

Sector: Automotive • Location: Louga, 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

Status
Prospective
Sector
Automotive, Education, Power Generation (CCGT), Solar, Commercial, Government
Location
Louga, Senegal
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “EDS EXIMAG Solar Plant” is an infrastructure initiative in the Automotive sector, located in Louga, Senegal. 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 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.

Original sector

Energy

Budget

Location

Country

Senegal

State

Louga

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Automotive, Education, Power Generation (CCGT), Solar, Commercial, Government

Article published date

2024-05-16

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