Zambia Scaling Solar Energy Guarantee Project
Sector: Solar • Location: Zambia
Source: World Bank Group
The development objective of the West Lunga Scaling Solar Energy Project for Zambia is to increase solar electricity generation capacity and diversify electricity generation resources in Zambia. The project is to be financed on a limited recourse basis with a maximum debt to equityratio of 75:25. The private sponsors will provide up to USD 15 million in equity or equity-likeinstruments in Bangweul
- Status
- Closed
- Sector
- Solar, Power Generation (CCGT), Government
- Location
- Zambia
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The development objective of the West Lunga Scaling Solar Energy Project for Zambia is to increase solar electricity generation capacity and diversify electricity generation resources in Zambia. The project is to be financed on a limited recourse basis with a maximum debt to equityratio of 75:25. The private sponsors will provide up to USD 15 million in equity or equity-likeinstruments in Bangweulu Power Company Limited. The Overseas Private InvestmentCorporation (OPIC) will provide the balance of the debt in an amount equal to IFC’s a loan. |
Original sector | FY17 - Energy and Extractives |
Budget |
Location
Country | Zambia |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Generation (CCGT), Government |
Article published date | 2025-12-17 |
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