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Eleme Fertilizer II

Sector: Government • Location: Nigeria

Source: International Finance Corporation (IFC)

Project
Active

The Project involves the expansion of an existing fertilizer facility located in Port Harcourt, Nigeria. The Project will double the capacity of the existing plant from 1.4 million tons per annum to 2.8 million tons per annum and is owned by Indorama Eleme Fertilizer & Chemicals Limited ("IEFCL" or the "Company"), a long time repeat IFC client. The Project is expected to cost US$1.1 billion and wi

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The project “Eleme Fertilizer II” is an infrastructure initiative in the Government sector, located in Nigeria. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

The Project involves the expansion of an existing fertilizer facility located in Port Harcourt, Nigeria. The Project will double the capacity of the existing plant from 1.4 million tons per annum to 2.8 million tons per annum and is owned by Indorama Eleme Fertilizer & Chemicals Limited ("IEFCL" or the "Company"), a long time repeat IFC client. The Project is expected to cost US$1.1 billion and will be funded with an IFC A Loan of up to US$120 million, a MCCP loan of US$50 million, and up to US$830 million in B Loan syndication and parallel loans along with US$100 million equity subscription by the shareholders.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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