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Energy Finance & Investment News in Senegal

Senegal releases scaling solar RFP

Senegal releases scaling solar RFP

🕔Oct 31, 2017

The Government of Senegal issues an open tender for solar projects in Diourbel, Kaoack, and Fatick regions of the country, with a combined storage capacity of 100 MW.

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Africa50’s Cooperation with Senelec for 120 MW power plant in Senegal

Africa50’s Cooperation with Senelec for 120 MW power plant in Senegal

🕔Sep 27, 2017

Africa50, the infrastructure fund for Africa, signed a development agreement with Senelec, Senegal’s electricity provider, for competitive selection of a strategic sponsor to develop a 120 MW combined cycle thermal power plant at Malicounda.

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Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II

Inspired Evolution exits renewable investments and is on track to raise $250m Evolution II

🕔Feb 1, 2017

Inspired Evolution, has successfully exited a number of its renewable energy investments held in its Evolution One Fund portfolio.

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Meridiam closes financing for solar project in Senegal

Meridiam closes financing for solar project in Senegal

🕔Dec 16, 2016

The French group Meridiam has announced it has completed the financing of a 30 MW photovoltaic plant, the second of its kind in Senegal

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The African Development Bank Group appoints Amadou Hott as Vice-President, Power, Energy, Climate and Green Growth

The African Development Bank Group appoints Amadou Hott as Vice-President, Power, Energy, Climate and Green Growth

🕔Oct 28, 2016

The African Development Bank has announced the appointment of Amadou Hott as Vice-President, Power, Energy, Climate and Green Growth with effect from 1st November 2016. He will join the Senior Management Team of the Bank.

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GAP finances solar project in Senegal

GAP finances solar project in Senegal

🕔Sep 27, 2016

Intermediate capital and mezzanine finance facility Green Africa Power has agreed a €20 million (US$22.5) construction finance loan for Senergy 2 which will provide enough electricity for some 160,000 people from renewable sources.

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OPIC to finance wind project in Senegal

OPIC to finance wind project in Senegal

🕔Sep 26, 2016

The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and Lekela Power, have signed a commitment for the development, construction and operation of a 158 MW wind farm in Taiba N’Diaye, Senegal.

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Optimum Tracker selected by Solairedirect to build Senegal’s biggest PV power plant

Optimum Tracker selected by Solairedirect to build Senegal’s biggest PV power plant

🕔Jul 25, 2016

Optimum Tracker has been selected to develop the biggest PV power plant in Senegal: 30MW at Santhiou-Mekhé, Thies area in Senegal, for Solairedirect an ENGIE subsidiary.

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Mainstream’s Lekela acquires 158 MW wind project in Senegal

Mainstream’s Lekela acquires 158 MW wind project in Senegal

🕔Jun 28, 2016

Lekela Power, the Pan-African renewable energy generation platform delivering utility scale wind and solar power in the region, has completed the acquisition of codevelopment rights and sole rights to invest in the 158 MW Taiba Ndiaye Wind Project in Senegal.

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OPIC signs financing for Cap des Biches expansion

OPIC signs financing for Cap des Biches expansion

🕔Jun 15, 2016

The Board of Directors of the Overseas Private Investment Corporation (OPIC) has approved the support of the 33 MW expansion and development of the existing 52.9 megawatt combined-cycle thermal power plant located in Cap des Biches, Senegal.

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Proparco finance Meridiam’s solar project in Senegal

Proparco finance Meridiam’s solar project in Senegal

🕔May 25, 2016

Proparco allocated a €34.5 million loan with an 18-year maturity to finance the construction and operation of a photovoltaic solar power plant in Senegal.

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Senegal Is second African country to join WB’s Scaling Solar program

Senegal Is second African country to join WB’s Scaling Solar program

🕔Feb 11, 2016

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with the government of Senegal to develop up to 200 megawatts of solar power under Scaling Solar, a World Bank Group initiative helping African countries procure renewable energy quickly and affordably.

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IFC, OPIC finance Cap des Biches 53 MW power plant in Senegal

IFC, OPIC finance Cap des Biches 53 MW power plant in Senegal

🕔Dec 2, 2015

The International Finance Corporation (IFC) and the Overseas Private Investment Corporation have signed financing agreements for the 53 megawatt Cap des Biches power plant.

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American Capital Energy & Infrastructure invests in Senegal wind farm

American Capital Energy & Infrastructure invests in Senegal wind farm

🕔Jun 19, 2015

American Capital Energy & Infrastructure (ACEI) has invested in Senegal's first industrial-scale wind power project and the largest wind farm planned in West Africa.

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Senegal signs deal to build a floating LNG regasification terminal and a 400MW gas power station

Senegal signs deal to build a floating LNG regasification terminal and a 400MW gas power station

🕔Jun 3, 2015

The government of Senegal has signed a memorandum of understanding (MoU) to develop a floating liquefied natural gas (FLNG) regasification terminal and a 400 MW gas power plant.

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World Bank Group Finances 96 MW Tobene Power Plant in Senegal

World Bank Group Finances 96 MW Tobene Power Plant in Senegal

🕔Sep 2, 2014

In early August, the World Bank Group signed agreements for the Tobene Independent Power Project in Taiba Ndiaye in Senegal. These included a €93.4 million financing agreement arranged by IFC and a $40 million equivalent IDA partial risk guarantee project agreement. The project will provide power to over one and half million residents in Senegal.

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ContourGlobal to build, own and operate power facility in Senegal

ContourGlobal to build, own and operate power facility in Senegal

🕔Aug 20, 2014

ContourGlobal, an international power generation company, announced on Monday that it has signed an agreement with the Senegalese national utility, Société Nationale d’Electricité du Sénégal (SENELEC), to rehabilitate an existing brownfield site and construct a new 53 MW thermal facility under a 20-year Power Purchase Agreement (PPA). The new facility is designed to burn heavy fuel oil and natural gas and when completed in 2015 will be the lowest cost liquid fuel and natural gas-fired power plant in Senegal.

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