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MySol Grid Zambia solar mini-grids

Source: World Bank Group

Project
Active

This project involves the constrcution of 60 solar mini-grids in rural areas of Zambia. The capacity of the project will be 5MW, providing electricity for around 40,000 people.

The sponsor is MySol Grid Zambia, a subsidiary of Engie Group. The debt provider is the Facility for Energy Inclusion (FEI). FEI provided a loan worth $7.5 million, covering the total value of the project.

Financial clo

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Project Information

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The project "MySol Grid Zambia solar mini-grids" is an infrastructure initiative in the Solar, Power Generation (CCGT), Government sector, located in N/A, Zambia. Taiyo aggregates data from World Bank Group, including information on sponsoring government bodies, EPCs, and contractors.

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active

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Description

Description

This project involves the constrcution of 60 solar mini-grids in rural areas of Zambia. The capacity of the project will be 5MW, providing electricity for around 40,000 people. The sponsor is MySol Grid Zambia, a subsidiary of Engie Group. The debt provider is the Facility for Energy Inclusion (FEI). FEI provided a loan worth $7.5 million, covering the total value of the project. Financial closure was achieved in June 2023. https://engie-energyaccess.com/news/million-debt-transaction-signed; https://www.ijglobal.com/articles/173448/fei-lends-on-engies-zambian-mini-grid

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High

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