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Kong Solaire secures 20-year FMO financing for Ivorian solar project
Original: Kong Solaire signs 20-year FMO financing for 50MWp of solar in northern Côte d’Ivoire
Kong Solaire has signed a 20-year financing agreement with Dutch development bank FMO to support a 50MWp solar power plant in northern Côte d'Ivoire. The long-tenor deal underlines growing investor appetite for utility-scale renewable energy projects in West Africa and is expected to help expand clean electricity supply in the region.
Why now: The long-term financing commitment for a large solar project highlights expanding renewable energy investment in West Africa.
Evidence
- Kong Solaire signs 20-year FMO financing for 50MWp of solar in northern Côte d’Ivoire · Energy News Network
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